Syracuse 4 Family HUD Home $25,000 Mattydale HUD home Back on the Market $49,500
Apr 06

SOLD $37,500-Fulton,  a city of 12,000 has had a constant flow of HUD homes over the years.  Not a tremendous amount, but due to the concentration of homes in a given area as a city you’ll see more, about average or a bit above average.  I lived in Fulton for 11 years and found it to be quiet and plesant place where I could sleep with unlocked doors.

Today we have a 3 BR 1.5bath 1217 sq.ft. home in the city limits.  The roof looks less than 5 years old. The aluminum siding could use a paint job. There’s a 50+ year old furnace that looks like so retro, if you could put wheels on it you’d be the envy at Sweet Inspirations on a Saturday night.

Some paneling needs to be replaced with sheet rock, the hot water tank (gas) is missing. Countertops and kitchen cabinets need replacing and the floor covering throughout  I would replace.  I’m making this sound like a no-so-good home and really on the contrary, I’m just being critical, actually it is a very liveable home as-is (after you get a hot water tank). There may be some hardwood flooring lurking under the carpets that need further investigation.  The tax assessment is $53,000, it sold in 2002 for $66,850. HUD’s list price for owner occupants only is $31,000.  Bidding ends this coming Sunday the 12th of April.  Investors can bid on the 13th. The address is 453 5th St. South, Fulton, NY   DIRECTIONS

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