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  • October 9, 2007 at 4:04 PM #87628
    NotCranky
    Participant

    This house is zoned for a second unit. Currently it is too overpriced to make it feasible to build, but if the price gets in the right place it could be worth it to build a second rental in the back.If you can give up the yard and privacy it might be better just to buy a two on one.The second unit doesn’t drive the price up much. Many people have dumped a ton of money into fixing houses in this neighborhood. Keep an eye out for new foundations, electrical and plumbing.

    October 9, 2007 at 4:04 PM #87633
    NotCranky
    Participant

    This house is zoned for a second unit. Currently it is too overpriced to make it feasible to build, but if the price gets in the right place it could be worth it to build a second rental in the back.If you can give up the yard and privacy it might be better just to buy a two on one.The second unit doesn’t drive the price up much. Many people have dumped a ton of money into fixing houses in this neighborhood. Keep an eye out for new foundations, electrical and plumbing.

    October 11, 2007 at 1:07 PM #88147
    djrobsd
    Participant

    They paid 355k for it. Considering that, they probably wouldn’t take your offer for 376k, unless their ARM is going up and they are desperate to sell.

    October 11, 2007 at 1:07 PM #88151
    djrobsd
    Participant

    They paid 355k for it. Considering that, they probably wouldn’t take your offer for 376k, unless their ARM is going up and they are desperate to sell.

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