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Why is this mansion in Syracuse NY so cheap? ($54,900)

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rigid...@aol.com

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Jun 24, 2013, 9:49:33 PM6/24/13
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http://homes.yahoo.com/New_York/Syracuse/174-w-lafayette-ave-76:610b9dc49a24ef1e677fd399ced0d452/

I'm not the owner of this house or a real estate agent trying to make a sale, I just am curious why this mansion is only $54,900. This is a multi-family house with all the apartments rented. It's probably negotiable too. In Syracuse NY.

This is the cheapest mansion I've ever seen. 5418 square feet.

If all the apartments are rented, I take this to mean that it's not going to collapse.





The Daring Dufas

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Jun 24, 2013, 9:59:05 PM6/24/13
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Those fracking Honkeys and Crackers moved in next door. o_O

TDD

gregz

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Jun 24, 2013, 10:33:11 PM6/24/13
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Empty lot on either side. Prices in line with other homes. Bad area ?

http://www.zillow.com/homedetails/174-W-Lafayette-Ave-76-Syracuse-NY-13205/2112257798_zpid/

Greg

Ed Pawlowski

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Jun 24, 2013, 10:51:07 PM6/24/13
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Mansion? It is a multi family unit that probably needs a lot of
repair. Perhaps the slum lord is retiring. It may look OK in the
photo, but it does not show the old wiring, plumbing, or sagging
floors. The fixtures look rather old too.

Fully rented means people are living in each unit. It does not mean
the rent is paid on time.

Oren

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Jun 24, 2013, 11:22:44 PM6/24/13
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On Mon, 24 Jun 2013 20:59:05 -0500, The Daring Dufas
<the-dari...@stinky-finger.net> wrote:

>Those fracking Honkeys and Crackers moved in next door. o_O
>
>TDD

Oh stop. I've never seen a real Cracker in NY state when I live in
upstate. I had to teach some Yankees how to Bass fish.

Female lumberjacks are tough. Men are men and so are the women, sheep
are restless.

ChairMan

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Jun 25, 2013, 1:53:21 AM6/25/13
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cuz its a crack house?


Country Carpenter

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Jun 25, 2013, 1:55:54 AM6/25/13
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100 years old, outdated electric, code violations, rats, bats, sex predators in d hood, basement? Some cities will sell them for a dollar.

Country Carpenter

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Jun 25, 2013, 2:17:55 AM6/25/13
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Its $54,000 for #76. There are at least 75 other rooms in the 54000 sq ft. All for about the same price.$54,000 X 76+ = N

Tomsic

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Jun 25, 2013, 8:00:16 AM6/25/13
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<rigid...@aol.com> wrote in message
news:d8678478-614a-49e7...@googlegroups.com...
Let me guess: Location, location, location

Not uncommon in many cities and urban areas.

Tomsic


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