November 9, 2007

Depreciating, Distressed and Dilapidated – 3 Properties for Shrewd Investors

Last Sold for $345,000.  Now Asking $339,000

dep1 Depreciating, Distressed and Dilapidated   3 Properties for Shrewd Investors

4720 Oregon Street:  2 beds, 1 bath.  $523 per square foot.  On Redfin 19+ days.  Click on the property link and take a look at the house next store to get an idea of how aggressively this casita is priced.

Bankruptcy Sale

dis1 Depreciating, Distressed and Dilapidated   3 Properties for Shrewd Investors

4496 Arch Street:  2 beds, 1.5 baths.  $532 per square foot.  Asking $545,000.  On Redfin 16+ days.  Trustee liquidating estate.

Possible Tear Down for Multi-Family Development

dil1 Depreciating, Distressed and Dilapidated   3 Properties for Shrewd Investors

4213 Utah Street:  2 beds, 1 bath.  Last sold for $425,000.  On Redfin 8+ days.  The adjacent property is in similar condition and also for sale.  Click on this property’s link to view neighboring property.


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