“1/1/1,” or, Can You Say, “Teardown?”
Yes, it’s hard to see.
But, if you look closely, you’ll see an itty-bitty home — all 560 square feet of it — in the left center of the top photo.
The close-up shot (below) helps, a little . . .
P.S.: “1/1/1/” stands for “one Bedroom, one Bathroom, one-car garage.”
The asking price, $67,500, is (much) less than what you’d estimate just the 40′ x 127′ lot is worth (northwest of Lake Nokomis).
See also, “T-I-M-B-E-R-R!!”; “Tear-Down Economics“; “Tear-Down Prototypes“; “Tear-Down Economics, Circa 2012″; and “You Know It’s a Tear-Down When . . .”