Housing Complex

City Hoping to Sell Vacant Properties ASAP

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After writing yesterday about the four vacant, city-owned homes recently listed for sale, I talked to the real estate agent for the properties, Matt Cooper of Alex Cooper Auctioneers, which ran January's auction of roughly 30 similar houses. (These four homes, in fact, were snapped up during the initial auction; but the buyers couldn't follow through.)

Cooper says the properties were made available late last week, and that his company is hoping to entice investors "that we've worked with before"—though, of course, he'll take a regular homebuyer not afraid of purchasing a property "in grave need of rehab."

All offers must be in by Feb. 5, 2010, though Cooper says the District is ready to sell as soon as the price is right, be that tomorrow or by the final deadline.

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Images courtesy Alex Cooper Auctioneers.

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