Sunday, July 11, 2010

"Private Compound" potential: 341 Sackett Street

For another look at a rehab situation off Smith Street in the ~$1.4M range comes 341 Sackett Street. Again, not the freshest listing ever. Let's be honest, it ain't pretty either. Zillow says it's been listed just under this price this time last year with VLS Homes and then ReMax (whose sign was outfront at the time this Google Street view picture was taken). Why they've actually raised the price since last year is unclear. There's another listing or two on this block that we'll take a look at later this week. This one says there is an additional 3 story carriage house in the back yard included, encouraging buyers to: "Create your own private compound!" Just what you've always wanted, right? If they'd really considering that a selling point, it'd be nice to get some dimensions on that thing.

Double-duplex layout. Interior looks dated but in fair condition. Exterior shows some damage from leaking and cracking around & between the middle column of windows.

All in all, a really funky building. Reminds me of when Silky Johnson asks Buck Nasty, "What can I say about that coat that hasn't already been said about Afghanistan? It looks bombed out and depleted."

What do we think it'll close at?

Pro's: location, "Private Compound" potential

Con's: exterior issues, curb appeal, needs renovation, pricing

Ideally: $1.4M gets dedicated to a much better property in that neighborhood, perhaps even on that very block.

1 comment:

  1. Ouch. Not a good look:

    Hope everyone's okay.