71 Holly Hock Trail Durango CO Real Estate
BRING YOUR TOOL BELT AND CREATE SOME AFFORDABLE HOUSING One-level 3 bedroom, 2 bath double wide mobile home. Built in 1978. All kitchen appliances and washer, dryer included. Storage shed too. Nice flat lot in the pines with central utilities. A cash purchase, in house bank loan or 203K will be required due to condition and lack of water, sewer tap which is a $8,500 expense to reinstate the taps. Potential to replace existing home with a new modular. All new homes must be able to be financed on a 30 year loan so that rules out singlewide mobiles and tiny homes. Ready to fix up or start with something new and do a land home package. Lots of potential here. See on line in the HudHomestore, Managed by Olympus AMS. THE NEIGHBORHOOD: Durango West I is an 'in the pines' setting but with city type amenities such as central utilities, paved roads, playground and a park. Children attend Park Elementary. Just 8 miles west of downtown Durango. UTILITIES: Electric averages $106 per month. Atmos Gas averages $40.25 per month. The Metro fee is $166 per month which includes water, sewer, road maintenance and snow removal. Trash service choices are Waste Management or Phoenix Trash and Recycling. Many choices for Internet, Television and Telephone: Spectrum Charter and DirecTV bundled with CenturyLink is popular. Other providers available. Good cell service from the house. NOTE: HUD requires buyers to activate the utilities in their name for inspections. There is a fee and a form to obtain permission, then they allow 3 days. DWI said they will activate the water for inspection purposes even though there is not a tap. OTHER DISCLOSURES: All homes when replaced must be able to be financed on a 30 year mortgage. All sales require an ILC (Improvement Location Certificate Survey). This will be a buyer expense because HUD does not pay for this. FINANCING: The house is deemed 'Uninsured, meaning it is not eligible for conventional 30 year financing until repaired. It is eligible for an FHA 203K rehabilitation loan. HUD case #052-848551. HUD homes are Sold 'as is. Agents submit offers though the HUD Home Store.