Tuesday, April 01, 2008

2314 Maple Avenue

1890's quadruplex with bold street presence on dynamic, mixed-use corridor. Huge rental upside, with unique floorplans, and one vacancy at close of escrow. Walking distance to Metro Blue Line, Trade Tech, and Garment District. Substantial off-street parking, including two-car garage. Sold AS-IS, a Short Sale, subject to lender approval. Shown by appointment with 24 hour notice. $350,000.00

Off the script:

The units rent for $600 a piece.
The building has severe deferred maintenance, but is excitingly intact with a full complement of mouldings. The property features only two gas & electric meters, likely was designed as a duplex, and might be returned to that layout without wholesale reconfiguration. The living area, according to public records, totals 2,088 square feet, but is clearly considerably larger. The lot size is 5,009.

This section of Maple Avenue is two lanes, with a classic 19th century neighborhood feel, shallow set-backs, and an immediate but not overbold sidewalk vibe. Because of its Short Sale status, the price is possibly flexible, though the buyer may need to allow for a lender's response time.

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1 Comments:

Blogger garagehero said...

I see you dont post REAL comments.

1:51 AM  

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