The Couple who bought San Francisco STREET with 38 mansions on it for just $90,000

Pair purchase a San Francisco ROAD with 38 mansions on it for simply $90,000 after its board really did not pay $14-a-YEAR real estate tax – and they might start charging its millionaire residents rent out for 'their' parking spaces
A smart pair has gotten the most effective residential property handle San Francisco, buying a gated street with 38 manors on it for a plain $90,000. Tina Lam as well as Michael Cheng now possess the roads, sidewalk as well as other formerly public locations of Presidio Terrace, a cul-de-sac that has played home to Nancy Pelosi, to name a few remarkable figures. That's come as a shock to the residents of the road – where homes cost approximately $5.1 million – who shed the home when the controling board failed to pay a $14-a-year real estate tax.

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from San Francisco Homes for Sale http://www.sanfranciscohomes.info/the-couple-who-bought-san-francisco-street-with-38-mansions-on-it-for-just-90000/2019/02/20