property next to fire house

[Debra Tsantarliotis]

Hello all!

My wife and I are brand new to real estate.

We recently had an offer accepted on a three family which is located next to a fire station. I reached out the fire department. they stated that Last month they went on 50 alarms, mostly "hot calls" (siren used),  with 75% of the calls between 2pm and midnight.

Should we back out of this deal? The location of the property is in Salem MA with close proximity to the downtown and commuter rail.

any advice is greatly appreciated!

Thanks

[Bryan Devitt]

Everything is worth something to someone. Rent won't be as good as a comparable place a mile away, but it will still cash flow of you get it for the right price. To me, almost anything is worth buying for the right price unless it is a giant liability (i.e. abandoned or burned down house in Detroit)