Tag Archives: multifamily

The Russell Apartments

13895520896_912f160b09_bThe Russell Apartments at 1313 Fawcett Avenue have seen better days. They were built in 1929. Obviously they are in poor condition either awaiting demotion (most likely) or rehabilitation.

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For Sale $275,000

For Sale $275,000 by Gexydaf
For Sale $275,000, a photo by Gexydaf on Flickr.

When I see property like this for sale I wonder what happened. Somebody obviously had a vision for the site as some kind of multifamily living unit but now it is for sale with an asking price of $275,000. The concrete footings will only have value if a new buyer has a very similar vision. For now, this property on the southwest corner of Yakima Avenue and South 15th Street awaits purchase and development. Oddly, I couldn’t locate information about the Delaurenti Realty Co. on the internet.