I finally got a chance to get into the two houses in the "more hood than hood" post on this blog.The interior needs some serious rehab, but I think they are workable properties. I have a verbal offer to the heirs (6 heirs again!) and they should let me know in a few days what everybody thinks.
It is a pretty cool setup.The city used to allow building on 25' wide lots in this neighborhood. So the original owner (grampa) build 2 houses on one city assessed lot back in the day. So if these two houses were knock-downs, the new owner would only be able to re-build one house on the lot.
However, since there are two houses there now, they will allow for rehab and not force demolition. Nice. That creates a situation for 3 rental units to be on the same property. Hello Cash Flow! My landlord buyer types should love this beauty.
Living Room in Single Story House
Nice Kitchen... (Downstairs of 2 Story Duplex)
Oh, and don't fear the uninhabitable warning sign on the window. Not condemned! A quick purchase and clean-up and the city will remove the warnings and permits can be pulled. Zoning/code enforcement was actually easy to talk to.
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1 comment:
Looks like fun Taylor!!
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