Portico is located downtown in Little Italy. This building is only a year old but already has several units that are listed at a loss to the original owner. Since these units are very bare bones, most don't have balconys, very low budget finishes and only one parking spot. Portico was designed and developed to be a rental project and was converted into condos before completion
Type: Listed on MLS(#066050329)
Resale Price: $452,000 (Range priced $439,500 to $464,500)
Loss@6% Sales Expenses: $50,120
Square Feet: 934
Purchase Date: 06/30/2005
Holding Period: 14 months and counting...
Purchase Details: view