Welcome back--547 Pacific Ave, Alameda, CA
The trashed two-houses-on-one-lot dealio at 547 Pacific Avenue is back as MLS(r) #40435505 with the following description:
I wonder if you're you expected to live in the "stripped to rafters" unit while renting the unit that needs major repairs, or the other way around? Either way, it sounds like a great-quality-of-life, high-cash-flow situation, doesn't it?
The transaction history is amusing:
It looks as though the repossessing back is trying to turn a slight profit on the sale this time around.
Fixer---two houses on one lot. Second is stripped to rafters. First needs major repairs. Great for the investor or handyman. Live in one-rent the other.
I wonder if you're you expected to live in the "stripped to rafters" unit while renting the unit that needs major repairs, or the other way around? Either way, it sounds like a great-quality-of-life, high-cash-flow situation, doesn't it?The transaction history is amusing:
| Date | Event | Price |
|---|---|---|
| Oct 23, 2009 | Listed | $485,100 |
| Aug 19, 2009 | Sold | $412,000 |
| Jun 29, 2006 | Sold | $655,000 |
| Apr 03, 1987 | Sold | $175,000 |
It looks as though the repossessing back is trying to turn a slight profit on the sale this time around.
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