Water shutoff broken at the street

[Ed Brady]

Hi all,

I am in contract on a 3 unit MF,  during inspection it was revealed that the main water shutoff in the house was broken.   I asked the seller to fix,  the seller looked into the repairs, and it was later determined the street side water shutoff was broken also.   It will require the city to get involved to fix this.   Has anyone experienced this before?  If so, what kind of costs are involved in getting it fixed? 

This is a 1900's era house, and I am thinking that since excavating is involved, I would likely want to replace the water main from the city's shutoff to the shutoff in the house also...

Basically, I am trying to decide if I want to continue forward with this purchase or walk away from it...

Thanks!

Ed