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Updated over 2 years ago,

User Stats

5
Posts
1
Votes
Venice Henderson
  • Investor
  • Austin TX; Boson, MA
1
Votes |
5
Posts

How much would you pay for this "As-Is" Triple Decker in Boston?

Venice Henderson
  • Investor
  • Austin TX; Boson, MA
Posted

Triple Decker - Complete Gut Rehab

The numbers never lie and the description is very interesting since this is probate matter. I am interested in learning what is the most you would pay for this property? More importantly why?

In my opinion, considering the condition and all the risk that comes along with a property built in 1910 - $500K would be my offer.

There are deed restrictions that prevents expansion and optimal use of the yard.

Rehab costs for a full gut rehab approximately $650K conservatively, assuming there are no structural issues. Worst case scenario rehab costs is hard to account for since a structural damage can warrant for a demolition. 

I would love to know your thoughts, ideas and suggestions. 

Deal or No Deal??!

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