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Updated over 2 years ago,
How much would you pay for this "As-Is" Triple Decker in Boston?
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??!