Mostly quaint shops, medical and office buildings down "main street".Here's what I know now after a few days of phone calls and research....Only 8 units (the 9th one is gone -- fire, explosion, etc...)Price now $400K (better because one less unit, but still $50k per unit)Only one tenant is salvageable and I don't know the details of the rent yet (all the remaining tenants are being relocated by seller prior to possession -- this one lease is up in April)Property is owned by a non profit and is used for housing for people needing a little help (so no income to speak of)No expenses to speak of (at least for current owner because they are tax exempt and volunteers provide services for repairs when needed)Electric is not divided (don't know total yet but I would spend the money to separate and have tenants pay)Property was built in the 50's and remodeled in the 90s (I still haven't seen the inside of the units, but are housing mostly elderly couples that have been there for at least 10 years -- agent says I will be pleasantly surprised -- walking through on Tuesday with my general contractor friend)Advertised total square footage was pulled from tax records stating about 10,500 sq. ft for living space (so around 1300 per unit...

As a very experienced (30 years in construction as a hammer and nail guy as too which I also have 26 years of combined project management and ownership in various construction service businesses and have done work at THOUSANDS of properties) I am often shocked what inexperienced REI's think a projects cost is "A" but it really is "Z" because they really do not know what it takes to get from where a property is to where they want it be.

It was a bit of a shock to me how irresponsible some of the tenants I rented to in the beginning could be and how little their word meant to them, and it took some adjusting to get used to.

Pleasant a lot in Park Cirlcle and 4 lots in Wagner terrace..

Take all your docs, purchase, escrow closing, and the stack of receipts and explain the story but don't be shocked if something like the above is heard again.

Mt Pleasant is great.

Everyone was shocked that I'm not mad at him.

I'm shocked he didn't charge a service fee. 

J Scott Steve Babiak I talked with a real estate attorney about this and got a rather shocking answer, at least it was shocking to me.

Pleasant.