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"Value in the Land"
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Map available |
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This older duplex has exceed its economic life and is believed to have little if any value in the improvements. The anticipate scenario is a cash purchase based only on the value of the land. Someone would then probably remove the building and work from the existing foundation. The listed price reflects the property's as-is condition.
Please download the information package and review all deficiencies I have noted. These are illustrated by the photos on this web site. The price does not include any assumption that the seller will pay for repairs: this is presumed to be an as-is sale.
It is still your responsibility as buyer to do your own due diligence on this or any property.
This is an acquired asset of a lending institution. The property is being marketed in its "as-is" condition. There is no property disclosure form being provided. Please call me concerning their policies and practices, including special forms and procedures to follow. The seller's standard contract forms are available for review in the information package.
No financing is believed to be available for a property in this condition. Anticipating offers for all-cash. Offers will only be considered after December 10 and all offers received by that date will be considered on an equal basis. We anticipate multiple offers, in which case a call for best-and-final offers will be made for close of business 12/11.
Photo Tour
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Directions: 14th between A and C St. No intersection with A St., Enter off C. Alley behind.
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