519 Central Ave, Cheltenham, PA 19012

This house has three bedrooms, 1 1/2 bathrooms, a den, and a large sun porch. It also has central air conditioning, hardwood floors on the first and second stories, and a washer and dryer. The house is located on a 0.11 acre lot in the Cheltenham Village neighborhood of Cheltenham Township, PA. There's easy access to Center City Philadelphia via the R8 train (the station is a 10 minute walk away). The house is in a very walkable area: a park, tennis courts, a public library/community center, the post office, and a good deli are all within a few blocks. This is not the perfect house. Specifically, it needs work, mainly cosmetic. Also, there is no parking on the lot, and the nearest on-street parking is one block away. However, this house is much cheaper that any other house in the neighborhood. The next cheapest house currently on the market in this neighborhood is listed at $159,900. If you're a little bit handy and willing to build up some "sweat equity," this is a great opportunity for a first-time buyer to get a house in the Cheltenham Township School District for a really nice price. Also, we would be happy to consider paying your closing costs up to 6% of the purchase price (if this is acceptable to your lender) to make it easier for you to purchase this home. Don't forget that there's an $8,000 tax credit for first-time home buyers. (You count as a "first-time home buyer" if you haven't owned a house during the last three years. This tax credit does not have to be paid back. More details here.) Also, mortgage interest rates are near an all-time low. In many ways, this is a great time to buy a house. Buyer's agents are welcome. If we accept an offer made using a buyer's agent, we will pay that agent a 3% commission. More information at www.CVHouse4Sale.com