The Phil Leng Team: Washington: Seattle: Greenwood

Bank Owned Condo - Problem #9

Bank Owned Condo - Problem #9

Bank Owned Condo - Problem #9

The townhouse was in an alley. On the street in front was a strip club.

951 N 103rd St, Seattle 98133-9220
When I first drove to this townhouse, I could not find it. I finally figured out it was not ON the street, it was in the alley. In fact, at an intersection of two alleys. I had never seen that before!

This was a 4 year old stand alone townhouse, in good condition. Because of the odd location at the intersection of two back alleys, we had to discount the price pretty aggressively to sell it. Parking was also an issue. There was a one car garage, but additional parking was difficult.

The seedy neighborhood didn’t add much to the appeal either.

This was the only property last year where squatters actually broke in and started to live in it. They started to dismantle the property, selling towel bars etc. for spending money for their drug habit. They were not in there long. On one of our weekly inspections we discovered them and the police whisked them away!

 

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The Phil Leng Team

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Comment balloon 4 commentsPhil Leng • January 03 2012 10:28AM
Bank Owned Condo - Problem #9
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