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This was one of the many disaster conversions during the 'bubble' years. The developer did close to nothing to the common areas of the building or the units yet people would still buy them because.........people were buying just about anything for any price back then. Many of the units were in the same condition as they were back when the building was built.
Now all of them are either short sales or foreclosures and will be for many years to come.
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For Sale: $349,900
For Sale: $350,000
For Sale: $299,900