25 GRAND ST Trenton, NJ 08611

H.U.D. Home. Available 1.15.20. Bid deadline: 1.24.2020, and then Daily by 11:59 PM Central Time until sold. Year Built: 1900, Lot Size: 1,514. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,114, as per appraiser. (IE) Insured w/ Escrow Repairs. LBP. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid. *****************************Come and take a look today at this classic Trenton all brick Townhome located in close proximity to the light rail station, several coffee shops, and the brand new Ice Cream Parlor that will be opening in the Spring of 2020! This area has seen tremendous growth and is poised to continue growing, so get in on the ground floor while you still can. Minimalistic straight-through construction and a simple floor plan are perfect for a myriad of family structures and will provide warmth and comfort for years to come. Three bedrooms and one bath upstairs, with a walk-up attic that may one-day host scenic views of the surrounding area with future modifications, beckon to individuals that have their vision set on the future of Trenton. Classic brick veneer stands strong amongst the surrounding backdrop of a brand new charter school and a vibrant community that is awaiting your arrival, so move quickly while you still have a chance! *************************************Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Buyer to verify additional information regarding flood zones and insurance. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. *************************************Repairs: Repair furnace and duct, Repair electrical system, Plumbing does not hold pressure, inspect and repair as needed, Replace water heater, Replace windows, walls and ceiling, Install smoke and CO detectors. *********************************************** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for the buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.