Here’s the CL listing for renting the unit. Massive 1bd/1.25bath, secured parking included, $3000. Absolutely stunning industrial design in a building that was a paper mill 100 years ago. One frustrating trend I’ve noticed lately is higher income requirements to qualify for apartments locally. 3 or 4x income requirements knock out a huge number of people who would have no issues handling payments responsibly. Sigh.
And the same unit is apparently for sale at $860k. Throw in $600ish a month in HOA dues and this sure would take a long time to be profitable as an investment, at least to my untrained eyes.
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Super cool though! If you search for “industrial loft” in your local CL, does anything interesting pop up?