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608 Mckean Street
Philadelphia, PA 19148
$519,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2644
Property Description
Welcome to 608 Mckean Street, a beautiful like-new construction home with 5 years left of full tax abatement in South Philadelphia’s East Passyunk Crossing. This home, originally built by V2 Properties, was thoughtfully and stylishly designed to stand out by one of Philadelphia’s most reputable development groups. Offering just under 2,700 square feet, this spacious 3 bedroom home offers above average amenities with 3 full bathrooms, an extra powder room, dual zone central air/HVAC, unique lighting packages, crown molding throughout, 3rd floor wet bar, smart home Nest & Ring fixtures, and built-in speakers and security system. Enter into the living room and notice the ample width provided by the 14 foot wide property lot. Pass through the sizeable dining area into the open concept gourmet kitchen including quartz countertops, full kitchen island, subway tile backsplash and white shaker cabinetry including undermount cabinet lighting. Stainless steel GE appliances include full dishwasher, oven range, double door refrigerator, and built in exhausted microwave range hood. Head out back to enjoy the oversized 14x18 ft rear patio with 6 ft vinyl privacy fence and plenty of space for outdoor living and entertaining. The 2nd floor offers 2 full bedrooms, full-sized stackable laundry closet, and a shared hallway bathroom with soaking tub shower and granite vanity top and undermount sink. Head to the third floor to enjoy the oversized wet bar complete with glass tile backsplash, bar sink, and beverage fridge. Enter through the double french doors into the massive private owner’s suite consisting of THREE closets, crown molding and accent tray lighting in the ceiling. The owner’s ensuite primary bath has an oversized stall shower and twin vanity undermount sinks with upgraded widespread faucets. Don’t miss your 360 degree views from the 300+ square foot roof deck. From this side of South Philadelphia you have views of the stadiums, the bridges and the skyline. Before you leave, don’t forget to head downstairs to the fully finished basement including additional full bathroom and under-stair storage closet. Schedule your tour today and don’t miss your chance to own this much of a booming neighborhood in South Philadelphia! Owner occupied, cat on premises, approved scheduled showings only with advanced notice. Buyers and their agents are responsible for verifying most current property tax and abatement details.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2019
MLS Number
PAPH2354282
Location
Address
608 MCKEAN STREET
City
PHILADELPHIA
State
PA
Zip Code
19148
County
PHILADELPHIA (SOUTH)
Listing
Provider
OCF Realty, original listing
Name
OCF Realty
Phone
(215) 735-7368
Office Name
OCF Realty LLC - Philadelphia
Office Phone
(215) 735-7368
Agent Name
Maurice McCarthy

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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.

Free Foreclosure Listings

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.