This home is listed at such an incredible price because the home itself is unfinished on the inside. The exterior of the home, the 2 car detached garage and the fencing around the private yard are all in good shape. This purchase can only be made using cash as the current unfinished condition of the home will prevent a buyer from securing financing. The home will only be listed for a short time to appeal to buyers who are capable of paying cash and finishing the home on their own. After this initial listing period, the seller will remove the home from the market and finish the home and it will be relisted for current market value at that time.
A few notes about the current status of the home: The original clay sewer line from the home to the alley has been replaced but the line still needs to be run from the exterior of the home and connected to the interior plumbing. Regarding Lead based paint, most of the original drywall has been removed but there are 2 original windows left in the building. The home tested positive for asbestos in all the ceilings that have since been removed by an asbestos remediation company. There should no longer be any existing asbestos. The existing gas fireplace should work and just needs to be hooked up. This home is being sold AS-IS.. Basement: CSPC