omg, I have walked up and down on this st many times and have seen this property from the st!
Whoever bought this property on 10/1/10 for $685K got the chance in a lifetime to rehab and submit an application to the City of LM for Mills Act consideration. Last time I checked, they still had a few slots!!
Also qualifies for an FHA 203K rehabilitation loan!
I can’t wait to tour it after it goes on the Historic Register! The group of Historic homeowners is very tight in LM and have numerous influential “connections.”
Absolutely LOVE the historical photos in the PFL.
Fantastic oppty, jstoesz! This property was WAY above your price range but if you could have swung it, would not only have given you a “project” for several years but the potential property tax savings alone would have been a minimum of $5K per year, after processing!
Based upon your posts, I think you would have been very happy in a property like this, jstoesz. But these opportunities often present themselves only once (or twice, if you’re lucky) in a lifetime and you have to be in a position to jump on them.
