We received word this week that 397 Jefferson Avenue, which was listed as an Open House Pick back in December at $699,000, has gone into contract. The price? $650,000. At the time, one reader had this to say about the house: “Needs major work. I viewed it last week. Sagging ceilings etc. Need architect, engineer and contractor.” Compared to what people are used to, five months to get a get deal is long time. GMAP
Open House Picks [Brownstoner]