Formerly a corner store. 2008 Foreclosure, listed now for $145K
Nearby Houses:
None yet photographed. Please take a picture if you see one.
186 Carpenter St
- June 2nd, 2009
- Photog: Funsickle
- Category: mixed use, residential
Formerly a corner store. 2008 Foreclosure, listed now for $145K
Nearby Houses:
None yet photographed. Please take a picture if you see one.
This building is for sale, I know it is.
I’ve been inside with an agent. You’d need more than what they’re asking for it to make it usuable. I was told the price isn’t negotiable. Sad, because it would have been the perfect location for my business.
This building is for sale on the commercial site loopnet.com, unfortunately described as “Ratail stone with 4 living units” for 99k
“I’ve been inside with an agent. You’d need more than what they’re asking for it to make it usuable. I was told the price isn’t negotiable. Sad, because it would have been the perfect location for my business.”
You never really “know” that until you make an offer. A broker is required to forward all offers. This doesn’t mean it isn’t true.
I live around the corner from here, and I notice it’s now being renovated. The “Deli Sandwiches” signs have been replaced with new wood molding, there’s a permit in the window, and the metal grates over the windows (and the for sale sign) are gone. Anybody know what this is turning into?
This building has been bought @ $99,000. in some process of being rehabed, but not sure if it is just a flip or someone actually interested in it.
“I’ve been inside with an agent. You’d need more than what they’re asking for it to make it usuable. I was told the price isn’t negotiable. Sad, because it would have been the perfect location for my business.”
You are probably assuming “market price” for rehab. Almost nothing in declining neighborhoods is attempted without some form of government subsidy. That is as it must be, market rents would not support the cost of rehab otherwise. This is accomplished with “soft seconds”; second mortgages which disappear, or are forgiven, after a period of use as low income housing. “Flipping” is not allowed, but it can be accomplished.
this was my first apartment in pvd. i used to live on one half of the top floor. it was a crazy building with double staircases. all the floors were slanted and the rooms were weirdly placed. the address was actually 51 battey st, which is around the corner from the store entrance. i was there from 2000-2001 and the store was a great functioning corner store at the time.