231 TYLER ST Trenton, NJ 08609

H.U.D. Home. Available 6.23.2020. Bid deadline 7.2.2020, and then Daily by 11:59 PM Central Time until sold. Year Built: 1887, Lot Size: 1,814 sq. ft. 3 Bedrooms, 1.5 Baths. Interior Square Feet: 1,734, as per appraiser. LBP. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid. *********** Who is ready to grab this classicized Federal Townhouse? Sitting just a stone's throw away from the bustling main entrance of the Trenton Train Station. This neighborhood, adjacent to the Chambersburg District, has seen rapid and sustained growth in property values, and clientele during the past year with it being so close to the quickly re-developing Capital of New Jersey. Inside, you will find rooms and cubbies on every level, including the basement area. So many possibilities and rooms to see makes you forget on what level you are on as you canvas and explore the possibilities of sub-dividing and modernizing. Property values have been soaring, while inventory has been falling in these areas, so make plans today before this one slips away forever! ********* Disclosures: Buyer is responsible for determining property's water source and sanitary system or sanitary sewer public provider. All showings are subject to the state's COVID-19 orders, recommendations, guidance, MLS board guidelines, and all CDC and local health mandates and/or guidance regarding listing showings. 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 the online flood search website 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. Located in a Historic District. There will be repair and restoration restrictions and guidelines to follow. Buyer to research regulations further. *********** Repairs: Interior Install stove. Other Termite inspection-remedy and remove asbestos wraps. Other Scrape and repaint where needed. Other Per PCR, heating system damaged/missing components. Plumbing Plumbing and sewer do hold pressure, per PCR. Other: Water heaters not functional. Other: Replace basement damaged windows and framing. Other: Basement foundation cracks, inspection is recommended. ********** 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.