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A five-unit building located in Water Hill is currently on sale, with an asking price that is nearly 40% higher than its purchase price three years ago. Despite its visibly poor condition and shocking interior, the building’s units are being rented out at an average price of $1,200 per month. This price is significantly lower than the Fair Market Rent (FMR) for the area, according to HUD User. The building has been on the market for 214 days, sparking a debate about housing affordability and the morality of profiting from substandard living conditions. The original poster is considering starting an affordable housing co-op as a solution to the issue…