Comments on: 186 Carpenter St

By: josh

josh — Mon, 15 Feb 2010 19:39:12 +0000

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.

By: Faust

Faust — Tue, 22 Dec 2009 12:34:25 +0000

“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.

By: Tawana Brace

Tawana Brace — Sun, 20 Dec 2009 19:54:36 +0000

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.

By: Andrew

Andrew — Wed, 25 Nov 2009 04:19:51 +0000

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?

By: Faust

Faust — Fri, 10 Jul 2009 01:35:51 +0000

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.

By: 19harrison

19harrison — Thu, 09 Jul 2009 19:02:24 +0000

This building is for sale on the commercial site loopnet.com, unfortunately described as “Ratail stone with 4 living units” for 99k

By: Susan

Susan — Sat, 06 Jun 2009 14:39:09 +0000

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.

By: Stump Blankenship

Stump Blankenship — Tue, 02 Jun 2009 20:34:50 +0000

This building is for sale, I know it is.