Foreclosure of the Week: 136 Underhill Avenue

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This is one of the most—if not the most—valuable townhouses we’ve seen fall into the foreclosure hole in this market cycle. The four-story, two-family house has a lien of $990,000 on it and, depending on the condition of the interiors are in, would fetch over $1,500,000 on the open market. Kinda makes you wonder why the owner doesn’t just sell it quickly at a small discount, pay off the lien and keep the difference.
136Underhill Avenue [PropertyShark ] GMAP
Photo by Christopher Bride for Property Shark

By Brownstoner |