Foreclosure of the Day: Merrick Colonial for $313,900

Of 125 properties listed in Merrick, this six-room Colonial is the second lowest-priced at $313,900. It’s on a 50-by-100-foot parcel on a dead-end block. The exterior is in good shape with relatively new siding and windows. The interior needs work; some walls need new Sheetrock, and floors need to be redone. The first floor has a living room, bedroom, full bath and kitchen with appliances. The second floor has a bathroom, two bedrooms and an illegal kitchen that must be removed. Once it is, the space can be converted into a fourth bedroom. The house has a half basement with an entrance. All offers need to be all cash or 203-K preapproved. Listing agent: Paul Rossano, NyOnlineRealty.com, Massapequa Park, 631-793-6212