4 THOMPSON AVE Trenton, NJ 08619

H.U.D. Home. Available 1.2.20. Bid deadline: 1.6.2020, and then Daily by 11:59 PM Central Time until sold. Year Built: 1887, Lot Size: 7,150. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,528, as per appraiser. LBP. (UK) Un-Insured. Eligible for FHA 203K. Financing Terms FHA, Cash, Conv. Sold "AS IS" by elec. bid only. *******************************************************This is your incredible opportunity to own a single detached colonial situated on a quiet street in close proximity to shopping and commuting channels. This very solid home is waiting for your finishing touches to restore it to its original glory, and make it shine again. Opportunities like this in this neighborhood and price range are very rare, especially since the Hamilton rail station is so close nearby, and so much development is currently underway. It's time to get in on the ground floor and seize this opportunity while you still have a chance! Inside you'll find hardwood floors, Living room, Dining Room, huge kitchen, and an enclosed sun porch with a newer deck. Upstairs you'll find three generous bedrooms with a walk-in closet off of the main bedroom. The yard has a built-in pen and an exterior shed for your gardening and lawn equipment. Once this future gem is finished, sit back and enjoy it for many new years to come! ********************************************************* 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. Has a heating oil storage tank. Any required system repairs will be the buyer's expense. The estimated remaining economic life is below 30 years. ******************************************************** Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended. Repairs include: Frayed pipe insulation in the basement, missing ceilings, and walls in kitchen and den, defective paint, Plumbing does not hold pressure, HVAC system damaged, damage kitchen cabinetry, exposed framing, rafters, and mechanicals at areas of missing drywall, damaged and worn flooring. ************************************************** 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.