Although quite unfortunate for the sellers of this duplex who sold this property to my buyers as a “short sale” (when they owe more then the property is worth and the bank is willing to work with the seller to get it sold for under market value), it is in fact an incredible investment opportunity now. With a little cosmetic work combined with a fantastic location just across the street from Little Howe Park and a block off QA Ave., rents could go even higher, allowing for an excellent CAP rate and tax write-off. We were able to even get the bank to sell it for $35K less then where it was listed (even with two offers)!
#Beds: 4 #Baths: 2
Square Feet: 2610