If you have always wanted to live in the Coronado Historic District, now is definitely a prime time to make your dream come true. Buy one of the half dozen Bank owned fixers currently on the market in Coronado and rehab it so you can actually live in it with a Purchase/Renovation Loan. Pull the whole deal off with only 3.5% down.
A few years ago, the possibility of buying a home in the Roosevelt Historic District in the low 300’s was totally unimaginable. Fast forward to today’s real estate market and experience the new market reality. This Bungalow, built in 1912 and just steps from the light rail station at Central & McDowell is on the market for $329,000. Due to the recently increased FHA loan limits, this home would qualify for FHA financing with as little as 3.5% down.
If you have been wanting to move to the Coronado Historic District, this charming Craftsman bungalow might just be what you have been waiting for. A rare, 3 bedroom, 1.75 bath floor plan with hardwood floors that has been tastefully remodeled.