The street is dead, How to bring it back to life.

[Mike Campbell]

The street is dead, How to bring it back to life.

Here’s the deal, I’m looking at a street that could have some good numbers building and selling duplexes/triplex in a cul-de-sac, I believe there is need for the town.

These lots have been for sale for years on and off the market, even the current house have a tough time selling.

The research;

1st wrong side of the town/main street, if you have kids they would have to cross this busy road to walk ride to school/park.

2nd. A block or so down there is low income housing, not section 8, but assisted paid living.

3rd. across the street houses the sheriff’s department.

4th. The Street is behind a restaurant, there is at least 100 ft separation.

How does one create the need and want to live on this street? Is It simply a great house at a great price.

How does one change the negative image?

If it was you how and what would you do about this possible opportunity

Thanks for your time.

Mike

[J Scott]

I'd try to buy it at a price that didn't require improving the area in order to make a profit.