Courtesy of Lynne Forbes from South Eastern Development Foun. 605-940-8588
$280,000
NEW CONSTRUCTION HOME NEAR DOWNTOWN - GOVERNOR'S HOUSE PROGRAM INCOME REQUIREMENTS APPLY!
Don't miss this rare opportunity to own a brand-new home with an affordable path to homeownership! This attractive 1,200 sq. ft. home features a bright, open-concept floor plan, neutral finishes, and energy-efficient 2x6 stick-built construction. The home offers three bedrooms and two full bathrooms on the main level, including a private master suite with an en suite bathroom. Enjoy the convenience of main-floor laundry with a new washer and dryer included. The spacious eat-in kitchen comes equipped with stainless steel appliances including a dishwasher, making it ready for everyday living and entertaining.
The property also includes a detached three car garage that has been renovated with new siding, doors, window and driveway. Homes on both sides have privacy fences making this property easy to fence off! For future expansion, the full basement is ready for you to build instant equity with room for two more bedrooms, a third bathroom, and a family room.
Program Qualifications: $103,400 Income Limit of everyone in the household; Net worth limits: Age 61 or younger: less than $125,000 total net worth or $105,000 in liquid assets Age62 or older: less than $250,000 total net worth or $140,000 in liquid assets Buyer must occupy the home as their primary residence.
Financing Details: This incredible price includes a $15,000 forgivable loan from SDHDA: Purchase price: $280,000. First mortgage: $265,000. Soft second mortgage assumed at closing: $15,000, forgiven at $3,000 per year over five years. To see if you qualify for the program, contact: rhea@secog.org. Buyer must also qualify for a loan through financial institution.
Interior photos are virtually staged and may depict a similar property. Actual finishes, colors, and features will be comparable but may vary from those shown.
A rare opportunity to own brand-new construction near downtown and take advantage of a valuable homeownership assistance program. Schedule your showing today! A similar home is available at 1947 E 33rd St. N.
3
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2
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22608552
MLS
1123 N Main Ave, Sioux Falls
