Knifecatcher Alert, or How Much Lower Can it Go?
In an earlier knifecatcher post, folks were speculating that places like Antioch and Pittsburg may be reaching bottom. In support of this theory, there is currently a house for sale in Pittsburg for $120,000.
Not only that, there are 134 homes for sale here priced between $135,000 and $150,000. As some of our smart commenters have said recently, this could be a great time for a sweet deal, whether as investment property or if you find a ‘hood you could live in. Here’s a sampling of them, plus the infamous $120,000 property, for all you bottom feeders. (Photo of big ol’ elephant bottom: Peter Becker.)
881 East 11th Avenue, Pittsburg: 3 bedrooms/1.5 baths, 1,304 sq ft. $120,000, dropped from $125,000. This is a single family detached dwelling, not a condo, believe it or not, and of course is a foreclosure. Granite countertops, tiled backsplash in the kitchen, though the listing does note that it needs new carpets and a paint job.
345 West 11th Street, Pittsburg: 2 bedrooms/1 bath, 940 sq ft, $134,900. Single-family detached bungalow, foreclosure. Looks clean and new inside in the photos and the listing says most everything inside is new. The outside is pink, gaaaah.
309 9th Street East, Pittsburg: 3 bedrooms/1 bath, 1,332 sq ft, $144,900. Single-family dwelling and bank-owned. Let’s give props to the listing agent, who describes the property as needing a lot of work and “not for the faint of heart.” Still, at $109 a square foot, a DIY-er could do far worse.
346 East 8th Street, Pittsburg: 3 bedrooms/1 bath, 1,306 sq ft, $149,900. This too is a single-family, bank-owned dwelling, but in far bettah shape than the one on 9th Street. In fact, it looks lovely. Granite tile and counters and a very cute living room with a built-in china cabinet.
