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Good Deal or Not? “In Need of Repair” Edition

by Prince Of Petworth August 27, 2009 at 1:00 pm 32 Comments

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This home is located at 824 Otis Place, NW:


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The flier says:

“CONVENIENT LOCATION 4+ BLOCKS FROM THE METRO * * NICE LOOKING NEIGHBORHOOD * * GOOD BONES BUT IN NEED OF REPAIR — SOLD STRICTLY “AS IS”–ALL CASH/CONVENTIONAL/FHA 203K ONLY!SELLER WANTS TO MAKE A DEAL SO BRING ALL OFFERS.”

More info but sadly no photos found here.

I know folks don’t like GDoN without photos but I was intrigued by the price on this one. It’s close to the metro and all the happenings on 11th Street, NW. So does $250,000 sound reasonable? Even if you need to put in some money seems like it could be a good deal. What do you guys think?

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