423 S Chicago Ave Sioux Falls, SD 57103

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Back on Market - buyer financing fell through! NEW GARDEN VIEW CONSTRUCTION! This 1200 sq. ft. home features a great open floor plan with neutral colors. This is a highly efficient 2x6 stick built home with an attached double garage. There are three bedrooms on the main level. There are two bathrooms including an en suite bathroom attached to the master bedroom. Enjoy main floor laundry including a new washer and dryer. The eat-in kitchen has stainless steel appliances and a dishwasher. Need more space and want to build equity? The basement is ready to be finished with room for a family room, two more bedrooms, and bathroom. Pictures are virtually staged and may not be this specific home. To qualify, purchasers must: Make $66, 570 or less in a one- or two-person household or $76, 080 or less in a household of three or more Have net worth of less than $125, 000—or $105, 000 in liquid assets—for applicants age 61 or younger Have net worth of less than $250, 000—or $140, 000 in liquid assets—for applicants age 62 or older Consider the home their only residence This amazing price includes a $14, 000 forgivable loan over 5 years from SDHDA so the purchase agreement will be for $280, 000 with a $267, 000 first mortgage and a $14, 000 soft second mortgage forgiven at $2, 800 per year for five years. Similar homes are listed at 911 S 10th Ave and 510 N Nesmith.