Too good to be true?

[Stephanie H.]

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Found a house in a great school district, beautiful neighborhood, great bones, in Kennesaw, GA. 

Almost the exact same house, just a few streets over, recently sold for $276k.

It has some drawbacks; evidence of rodent infestation, has been vacant for a few years, the place is trashed. 

But based on the numbers, I cannot understand why no one has picked it up. 

Any thoughts?