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South 6th Street

Jeannette, PA 15644

DOWNPAYMENT ASSISTANCE AVAILABLE UP TO $7,500
For Qualified Buyers of 406, 410 and 414 S 6th Street



  $67,663 - $105,000  

about south 6th street

Five moderately priced homes available for eligible buyers. Downpayment assistance up to $7,500, and a price that is partially determined by how much you can afford.

Welcome to an old-fashioned neighborhood revitalizing the heart of a small town. Wide front porches invite residents to gather, sidewalks for the kids to play on and a patch of green grass to wiggle your toes in. This is your new home, with light filled rooms, big kitchens and open floor plans located in a place where you can walk to the farm market or catch the bus to work on the corner.

  • home
    Property Age

    Built Year

    2016

  • bed
    Number of

    Bedroom

    3

  • bathroom
    Number of

    Bathroom

    1.5 - 2

  • garage
    SIZE

    SQ FEET

    1,540

  • garage
    PARKING

    OFF STReet

    2

  • transit
    TRANSIT

    BLOCKS

    3

Photos

amentities

Features

  • 20x100
  • Gas
  • Central
  • Yes
  • Jeannette
  • TBD

Room Sizes

Rooms sizes are approximate and will vary slightly between models. Please ask for specific sizes if needed.

  • 15x14
  • 18x14
  • Open
  • 15x14
  • 10x10
  • 10x10
  • 6x8
  • 6x7

BUYING ON SOUTH 6TH STREET

Buying on South 6th Street is a bit different than buying other homes, but we are here to make it as easy and affordable as possible. Prices are based partially on what you are able to pay and downpayment assistance may be available. Click on each of the topics below to find out more about purchasing our homes.

Flexible Prices

The South 6th Street home prices are best described as a range between 70% of the appraised value up to the maximum amount you qualify for OR 96.5% of the full appraised value, whichever is lower. This means that you will not pay more than the maximum listed price, but could pay up to 30% less depending on your ability to pay, as determined by your mortgage lender.

     

House
Number

Minimum
Mortgage
Maximum Price
308 SOLD SOLD
312 $76,300 $105,185
406 $67,663 $91,675
408 SOLD SOLD
410 $67,663 $91,675
412 SOLD SOLD
414 $67,663 $91,675
605 Bullitt n/a $77,000

Income Restrictions

The South 6th Street homes are developed to provide beautiful homes to moderate income households. Some of the homes have income restrictions that require them to be sold to buyers whose income does not exceed 80% of the area median income. 312 S 6th Street DOES NOT have an income restriction and may be sold to any eligible homebuyer reguardless of their household income. Please see the chart below for allowable household income, based on family size.

   

Family Size

80% AMI
1 $38,950
2 $44,500
3 $50,050
4 $55,600
5 $60,050
6 $64,500

Downpayment Assistance

Westmoreland County downpayment assistance of up to $7,500 is available for buyers interested in 406, 410 and 414 S 6th Street. Additional seller's assistance is available for the homes at 312 S 6th and 605 Bullitt Avenue.

Soft 2nd Mortgages

The difference between your purchase price / mortgage amount and the appraised value will be added as a Soft 2nd mortgage provided by Westmoreland County or Westmoreland Community Action. The Soft 2nd charges no interest, requires no payments and is removed after 10 years.
Should you choose to sell prior to 10 years, you are able to price the home at market value and repayment will only be required if there are enough proceeds to cover the outstanding amount of the 2nd mortgage, after the 1st mortgage has been paid off and your downpayment returned to you. Prior to final execution of the sales agreement the buyer must meet with Westmoreland Community Action and review and approve the Soft 2nd documents.
Soft 2nd mortgages are required on all the homes and can not be waived. However a buyer with a high preapproval amount, a high downpayent or a cash buyer may have a 2nd mortgage as low as 3.5% of the value of the home and the term reduced to as few as 5 years.

Eligible Homebuyers

Homes must be sold to an eligible homebuyers, defined as an individual who meets any of the following criteria:

An individual or a married couple who have not owned a home within the past three years.

A single individual who has only owned with a former spouse, a displaced homemaker or single parent.

 

An individual who previously owned a mobile home or a person who owns a home that cannot be brought into compliance with building codes for less than the cost of constructing a permanent structure.

 

605 Bullitt does not need to be sold to a buyer that meets the above criteria. Any buyer meeting the income requiremen may purchase this home.

 

 

For more information on eligible buyer consult the HUD website.


ENERGY STAR Homes

ENERGY STARThe ENERGY STAR label means means better quality, better comfort, and better durability. It also means your new homes is a better value for today, and a better investment for tomorrow. New homes that earn the ENERGY STAR label deliver energy efficiency savings of up to 30% when compared to typical new homes - and the difference is even more striking when put side-by-side with most resale homes. Learn more at energystar.gov.

ADA Compliant and Wheelchair Accessible Home

ADA Compliant406 South 6th Street was specifically designed to be ADA compliant and wheelchair accessible with a 1st floor bedroom and a full bathroom. Open floor plan, barrier-free entry and other features make this the perfect home for those with mobility limitations.

Location Details

REMAX Select Realty   Westmoreland Community Action
fair housing logo   

 

Contact

Christa Ross

RE/MAX Select Realty

724-779-1437

christaross (at) remax.net