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Updated over 5 years ago,

User Stats

43
Posts
16
Votes
Jack Ni
  • Lonoke, AR
16
Votes |
43
Posts

Would you buy a house that’s 367 feet from railroad track?

Jack Ni
  • Lonoke, AR
Posted

I found this house that is 367 feet from a railroad track. The house is AMAZING for the price and $40k undervalue. 

House will probably appraisal for $100k but the bank is only asking $60k. (Bank owned) 

Need about $10k work max. If don’t need a new A/C probably $5k work or less. 

House was build in 2000s, so all electrical and stuff are pretty up to date. 

Great neighbors and neighborhood. (talk to about 3 neighbors) lots kids outside playing (super family friendly)

House can rent for $800 a month. 

House only need some TLC , no  major problems. 

Forgot to ask the neighbors if they can hear any trains coming from 367 feet away.

I’m going to buy the property and rent it out. 

Only thing that worry me is being to close to the train tracks. Would you buy a house like that? 

 The train track is not directly in front of at the back of the house, more like down the street 

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