An apartment on Lakewood, a city in the suburbs of Phoenix, may be the ideal place to settle down for the summer.
According to property listings on TripAdvisor, the house sits on 2.8 acres of land, which has been bought for $3.2 million.
The property, which was purchased for $2.2M back in 2013, sits on a lot that is also available for sale.
A $2,400,000 property tax bill alone would buy the property for $1.8M, and a new mortgage payment of $2M would pay off the remaining $1,000,000.
The home has been renovated, but it is in a state of disrepair, with a few cracks in the roof and a few stains on the walls.
There are also some leaks on the exterior walls.
In the winter, the home’s balcony can be used for a lounge.
If the property was to sell, it would be considered a luxury apartment, with the same amenities as the $3M-plus price tag. [More]