It's also in, if you'll pardon my saying so, located in a shit-hole place to live. Look at the building across the street on google street view.

not always true or even the norm, I checked 3 near me and they are decent neighborhoods

The best deals are always in shithole places /s

There was an episode of Fixer Upper where Chip and Joanna helped their carpenter buy a house for 15K. The neighborhood was dystopian. Presumably people were using the house for shooting practice as its one side was entirely bullet riddled.