Looking to purchase a 5 unit for 60k. Great profit but small town

[Andrew Michaud]

i am looking to purchase a 4 unit apartment with a very nice, furnished commercial space that is currently a hair salon with all of the equipment. All 5 units are occupied. 60k I feel is wicked cheap. Have looked the place over and its a great investment. Only thing that I am skeptical about is the town. Its a very small town, seems to be dying everyday. There is one grocery store, one gas station, not many small businesses. Very skeptical about this. But at the same time, it seems go be a quick return on investment and the property values at 120k. Negotiated the seller down to 60k. He is looking to retire and free up responsibility. Should I purchase this property? Price isn't everything but neither is location.. what do I do??