2050 Ellsworth St

We are offering a downpayment assistance program: $5,000 in closing cost, $500 for appraisal, and $500 for Home Warranty through Motto Mortgage Expert Solutions. This property qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. It can be used for closing costs, rate buy-down, etc., and is forgivable to all buyers, not just first-time buyers. Presented here is a once-in-a-lifetime opportunity to build and design your dream home in the booming Point Breeze neighborhood of South Philadelphia, just south of Center City. This sale includes plans to build a new construction 3-story home with a rooftop deck and a parking space at the rear of the property. The plans feature 4 bedrooms and 3.5 baths with a finished basement to maximize the use of the entire property. You have the chance to be involved in every step of the building process, from selecting finishes to customizing your new home. A 10-year tax abatement has been applied for, and the seller will provide a 1-year builder warranty at the time of settlement. Property qualifies for CRA special financing for a conventional loan with no mortgage insurance. This location boasts an impressive Walk Score of 88, a Transit Score of 71, and an outstanding Bike Score of 90. You'll find a variety of dining options nearby, including Community, On Point Bistro, Pretzel Works, and more. Educational choices are convenient with nearby schools such as Faith Connection Christian Academy, St. Charles Borromeo, Arthur Chester Chase School, and Philadelphia Free School. Essential amenities are within easy reach, including Springfield Bar Distributor, Kermit's Bake Shop, Wine & Spirits Stores, and the Farmer's Market. For commuters, the property is ideally located near the BSL NRG Station to Fern Rock TC at the Ellsworth Federal Station - BSL stop. Nature enthusiasts will appreciate nearby parks such as Catharine Park, Wharton Square, and South Square for outdoor relaxation and recreation. Seize this opportunity to make your dream home a reality!