This house at 304 West 7th Street is for sale by the owner for $28.000.  This house is owned by Paul Eller and has been fire damaged.  I have been in this house and it is structurally sound.  The house will have to be completely redone and restored.  But that is the bad news.  There is much more good news than bad news on the house including the following.

1. This house sites on a standard 50'x140' Argenta lot with rear alley access.  Empty lots sell for over $30,000 in Argenta, if you can find one.
2. This house is located in the Argenta Historic District
3. This house is located two blocks from a trolley stop
4. The adjacent houses have or will sell for over $120.000.  This means that you can put $70,000 into this house and still have at least $20,000 in equity

You will not see a house of this size and as close to a trolley stop as this one anytime soon in Argenta.  If you are looking for a fixer upper and you have the money and vision, this house is perfect for you.

Call the owner at 912-2028 if you are interested in this house and make an offer.  If this owner doesn't get back to you promptly or doesn't seem to want to sell, e-mail me here and I will pass the innformation on.  This house NEEDS to be sold and restored.  

Tag it:

Be first to comment this article

Only registered users can write comments.
Please login or register.

Powered by AkoComment Tweaked Special Edition v.1.4.6
AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com
All right reserved