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5324 Haverford Ave
Philadelphia, PA 19139
$264,999
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
This is a WIN for you !! A $10,000 grant is available for this property Along with a 3% SELLER ASSIST TO HELP REDUCE YOUR CLOSING COST!! Do the math and keep your wallet happy. It's an Excellent Opportunity for an Owner Occupant or Investor to GENERATE INCOME because Options are plentiful: Live in One Unit & Rent out the other on a Yearly Basis Or Short Term as an AIRbnb $$ OR Do nothing and continue Collecting your Monthly Rent for Both! Either way, you're a BIG WINNER $$. This Duplex is comprised of a THREE Bedroom, One Bath Unit on the First Floor, and a TWO Bedroom, One Bath Unit on the Second Floor. RENTAL AMOUNTS are BELOW the Average and have room for an Increase. The front porch welcomes you with an invitation to enjoy your favorite morning beverage and each season of the year. This area is assigned to the 1st floor but is currently used by both units. Upon entry, step into a shared foyer which gives access to each Level of the property recognized as Apt #1 and Apt #2. Apt #1 features an Open Concept for the Living Room and Eat in kitchen. The Living Room has High ceilings with over head lighting which accentuates the beautiful hardwood flooring that extends to the earthy tones of the ceramic tiled floor in the beautiful kitchen. The Kitchen displays Granite Counter Tops, Cherry Wood Cabinets, a microwave, range & Refrigerator. Down the corridor, Bedrooms are found. Bedroom #1 and #2 are a good size and have hard wood floors, walk in closets with overhead storage and lighting. The Final Bedroom is Over sized with a ceramic tiled floor and has a soothing color with an abundance of natural light entering from several windows. The Hall Bathroom is central and features a Large walk-in shower, a sleek vanity, wooden shelving and a Stylish Light Fixture. The rear yard is Enormous. Barbecues, Social Gatherings are ideal for this space. Fencing keeps the area safe and secure while adding peace of mind while Pets and Loved Ones frolic about. The Basement is Massive and runs the Entire Length of the home. A Laundry Area with a washer & dryer are found here. Access is provided by an Entrance off the Kitchen and many possibilities exist in this space. In the Second Unit, Apt #2, a Large Living Room with hardwood floors, windows, high ceilings and dome lighting sits adjacent to the Eat in Kitchen. The Kitchen has a Ceramic tiled floor, Rich toned Mahogany Cabinets with brushed nickel hardware with plenty of storage for all your needs. Stainless Steel Appliances and matching accessories include a French Door Refrigerator, a Range with Stainless Steel Hood, a Microwave, and a Deep Sink with Goose Neck Faucet featuring a pull down sprayer. A neutral back splash was also added around the perimeter of the walls for visual texture and to create a harmonious flow. Down the corridor the Bedrooms are found. The first Bedroom has high ceilings, hardwood floors, a large window, and a Walk in mirrored Closet with storage located above. The Second Bedroom has three windows for plenty of natural lighting, a Large walk in closet with a huge amount of storage and mirrored sliding doors. The 3 piece Bathroom is Spacious and includes a laundry area with a washer/dryer unit for your laundry needs. Each Apartment has Separate Utilities, Individual Thermostats, Central AIR and hot Forced Air heating. This Property is Protected by a Security System linked to 911, it also has Cameras with Video, a Communication System and Controlled Locking mechanisms. This home is conveniently located near the Market - Frankford Transit Line, Septa Bus Routes, A Shopping District, 10 minutes from Center City, The 30th Street Train Station, Drexel University, University of Pennsylvania, Major Interstate Routes 30, I-76, and 25 minutes from The Philadelphia International Airport!!! This is Truly a must see! Schedule your appointment today!!
Property Information
Lot Size
-- square ft
Property Type
MultiFamily
Year Built
1925
MLS Number
PAPH2310948
Location
Address
5324 HAVERFORD AVE
City
PHILADELPHIA
State
PA
Zip Code
19139
County
PHILADELPHIA (SOUTH)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Havertown
Office Phone
(888) 536-0216
Agent Name
Tanya Crew

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.