Lansdale row home FOR SALE at $150,000 with 100k subject to loan. 4 bedrooms 2 baths
Mom passed recently with a $100,000 loan in only Moms name, making this subject to loan transferable. For only $50,000 down plus closing costs on both sides, this home only needs a light rehab or a clean and sweep. Pretty good above average condition across all four floors make this home cheap and easy to get into and out of. Sell it with the loan on the back end. Loan was a refi in 2016 as a 15 year year loan at 4.75% with only 13 years left on it. Statement of mortgage can be provided to serious buyers.
Four floors in all with 4 bedrooms, 2 baths, front porch, back porch, fenced in yard, 3 private parking spots, walk out basement, end of the block unit with extra windows etc. 1340 sq ft online but think its bigger. Enter the home from the front porch with seating for many into the living room and the dining room. Kitchen is positioned next followed by a large back porch and then a fenced in yard with a garden. Parking out back in the rear alleyway. Basement has a bathroom and a bedroom downstairs finished with closet. New water heater and updated electrical panel with oil tank and heater are located in the unfinished portion. 2nd level of the home has the main bath and three total bedrooms including the master. The 3rd floor has a nice sized private bedroom at the peak of the home.
Last sale sold on 10/28/2004 for $154,900.
See below some great comps out there for this home. 900 comps
PLEASE NOTE: We have equitable ownership interest and will assign our rights in the contract to the buyer. Asking price above includes original contract price & assignment. Terms of original contract, unless otherwise noted above, include: As-is, where-is purchase; cash or hard money closing; fully insured and clear title delivered at closing. Any comparable sales presented as accurate, but are not a guaranteed or opinion of value. Please conduct your own due diligence. Call with any additional questions. Phil Falcone is a licensed realtor in the state of PA.