311 E 7th St, Duluth, MN, USA

2 beds • 2 baths • 1040 sqft
Sale Pending

$175,000

Market Value: $260,000

This brand new construction home has an appraised market value of $260,000, but is being sold $85,000 below market value to income qualified buyers. Additional downpayment assistance of up to $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $160,000.

Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).

An additional $30,000 in downpayment assistance is available from Fond Du Lac for enrolled tribal members, which could further lower cost to $130,000.

Additional
Details

MLS#: 6112252
Taxes: 0
APN: 010-1350-00960
Lot Size: 25 X 140
Year Built: 2024

Living Room 28.6 X 10.5
Kitchen 9.8 X 10.5
Bedroom 1 11.7 X 10.6
Bedroom 2 11.7 X 10.6

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

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