Detailed Introduction Of This Home
SHOWING SAT & SUN 12/2 & 12/3 & SAT 12/9 FROM 11AM - 2PM. Hi, thank you for checking out this great SUB 2 house with an ADU! It was rehabbed just a year ago and is a beautiful 4 bed 2 bath home with 1,440 sq ft PLUS and fully permitted additional 1 bed 1 bath, 555 sq ft, ADU making it a total 5-bedroom 3 bath house. There is currently a Lease on the 4/2 side of the house and the owner would like to pay market rent for the ADU for a few months after closing. The best part about this deal is that there are NO banks needed. The seller is willing to leave the existing mortgage in place, also known as a Subject to transaction. The underlying mortgage has a 4% interest rate and CAN remain in place at closing. There is about $852k left on the mortgage and PITI is $5,700. The seller is asking for an additional $127k to be paid either in cash or seller finance terms for the remaining balance. The buyer will pay commission. If any of this is confusing, please do your own research on subject to and seller finance transactions BEFORE reaching out. For information call Alex (215) 262-2801 (not the listing agent)