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Saying it's the place to be seems a bit an overreach. That building, as an example, is in a neighborhood that is just block after block of wasteland, with derel
by endorphone 8y ago
Saying it's the place to be seems a bit an overreach. That building, as an example, is in a neighborhood that is just block after block of wasteland, with derelict abandoned houses falling to disrepair, and the empty lots where they removed them before. This particular building likely has no furnace, pipes were probably removed, and almost certainly requires many tens of thousands in upgrades.
It seems like illusory opportunity. There are areas of Detroit where some of the grand old homes are being resurrected and there have been opportunities, but this isn't one of them.
- ams6110 8y agoNo furnace is not a big deal by itself, but likely no windows, no wiring, no plumbing, no fixtures. What remains likely has mold, lead paint, and other hazards. It's at best a gut-to-the-frame-and-rebuild. If severely weather damaged it might even be a tear-down.
- spc476 8y agoThe Google Street view [1] shows it needs at least new doors and windows. Maybe even a new outer wall on the second floor (or the very least the ivy removed before it does more damage). [1] https://goo.gl/maps/XmmdxPm45Q32 https://goo.gl/maps/XmmdxPm45Q32
- msla 8y agoAnd then you're on the hook for taxes and liens, and who knows what other encumbrances there are. Maybe if you really, really wanted that land for some reason.