Palermo is another apartment conversion that's made this blog on a number of occaisions. This one is noteable as this isn't a flipper unit as it was purchased from the developer.
This development is located on "lower" Cortez Hill on the border with Little Italy. If you come downtown using 5 South and take the Front Street exit you'll drive right by this property.
Type: Listed on MLS(#066079965)
Resale Price: $699,000
Loss@6% Sales Expenses: $62,930
Purchase Date: 06/30/2005
Holding Period: 16 months and counting...
Square Feet: 1568
Purchase Details: view