Five years ago today Yo looked in on a new-construction condo at 4010 S Drexel Blvd where 2- and 3-bedroom units were priced from the $260s to the $390s.
Unit 2S in the building is currently for sale, a 3-bedroom, 2-bath priced at $235,000. It was purchased in March of 2007 for $285,000 with mortgages totaling $270,750.
The listing suggests that FHA financing is available, although that’s unlikely in a building where four of the other 5 units are in foreclosure.
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