Monday, June 13, 2005

Possibility

I came across another multi-family unit that may have some potential, although, all I've done do far is see some scant details and no photo. It was tax assessed this year for $80k, but had a tax assessed value of $120k the year before. The details don't mention any substantial repairs, but that seems like a huge drop-off to me for nothing to have happened to it. I actually saw this property a few weeks back on the MLS for $75k and thought it could be a nice buy, but never persued it. Now the price has dropped another $10k, so it has really whetted my appetite. I sent the listing agent an email requesting more info, but got back an message stating the recepients mailbox is full! Argh! Don't these people know how to manage their email accounts? :-)

2 comments:

Trisha#1 said...

Oh, how irritating! That property sounds like a winner to me, though!

Steve said...

I'm going to go out there this weekend to check it out. I'm hoping for the best, but fearing the worst. :-)