Uncategorized June 6, 2011

#411 Back on Market – Now Bank Owned

Unit #411 came back-on-market Friday at $295,800. It is a 1BR/1BA 866sf E corner home on the ally, with parking and storage. While few people have “ally location” on their list of must haves, some ally homes are better than others. While above the garage and near the often disorganized trash from the Watermark Apartments, this one does have its positive attributes. First, the Watermark is brick building, which is much more pleasing to look at for most than the greenish-blue Vermont Inn next door. While Alto Apartments are currently under construction across Cedar Street, the parcel directly adjacent this home is Kroll Map Company. Theirs is a small lot, so likelihood of redevelopment in the short term seems unlikely to most (buyers must verify to their own satisfaction; I could be wrong). Here’s a link to the property: http://www.matrix.nwmls.com/Matrix/Public/Portal.aspx?k=1550274XM0G6&p;=DE-6467256-129. I can’t seem to upload the floor plan right now. Email mdoyle@windermere.com if you’d like it.