2606 West 2nd Street, Duluth, MN, USA

3 beds • 2 baths • 1216 sqft
Sale Pending

$144,000

Market Value: $174,000

Newer home (built in 2006) located in Lincoln Park just blocks away from the newly developed and growing craft district. Brand new carpet just got finished being installed and lots of new paint on the walls. Big spacious kitchen is filled with natural light and overlooks big fenced in backyard. All three bedrooms are a good size, and the basement has very tall ceilings and potential for finishing into additional usable space. There is a single car garage and an additional off-street parking pad next to it. This home has an appraised market value of $174,000, but is being sold for $30,000 below market value to income qualified households. An additional $15,000 in downpayment assistance is available based on need, which could lower the mortgage amount to $129,000.

Home must be owner-occupied and buyer’s gross annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6).

Prospective buyers need to have mortgage pre-approval from North Shore Bank or US Bank, income documentation verification and completed Community Land Trust program application prior to signing purchase agreement. Homebuyer education class can be completed between purchase agreement & closing.

Additional
Details

MLS#: 6100489
Taxes: 1614
APN: 010-1140-02570
Lot Size: 40X140
Year Built: 2006

Living Room 14X15
Kitchen 8X15
Dining Room 6.5X15
Bedroom 1 10X12
Bedroom 2 11X15
Bedroom 3 8X10

12 E. 4TH STREET
DULUTH, MN 55805

Office Hours:
Monday-Thursday
8:00am-4:30pm*

*In-person appointments and office visits are by appointment only.  Please call 727-5372 to schedule an appointment!

Phone: (218) 727-5372

Fax: (218) 727-9368

Email: info@1roofhousing.org

JOIN OUR
MAILING LIST
One Roof Community Housing Copyright 2021