Looking for advice on a possible deal!!!!

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Hear are the details:

The property is a 3 story victorian style end townhouse(SFH). Big front and back yard.

Place is newly remodeled. New heater system in 2006, and newer plumbing. Very new throughout.

Place is also huge, with 5 bedrooms!!

Seller is motivated!!

Asking $97,000, place was renting for $1,500/mo.

I would obviously try to knock the price down a bit, but overall what do you guys think???????

THANKS!