Gal, Although no one has a crystal ball I think that at the asking price of $ 69,000 this duplex would make a great investment. I am and have been a very active agent in this area and presenlty have a small 3br/1ba bunglow across the street that we rent for $750 per month. I'm guessing you could rent the 2br/1ba units for around $600-700@. More importantly, the last "eyesore" on the block at 716 Queen St. has just gone under contract and although I am not involved it will most likely be renovated or torn down for new construction and completing the "revitalization" of this block. The house at 712 Queen was recently renovated and is presently under contract as well. I have been very active in leasing and sales of properties in the adjacent New Castle Art and Antique District on Castle street since 2006 and have been very involved in the transformation of this vibrant retail community. This property should provide a nice positive cash flow as an investor and more than likely a nice capital gain over the next several years. FYI it sold for 159k in 2006 and the seller who did the renovations is a good personal friend. It also looks like it was sold for 225k in 2010 (ouch) thus the apparent reason for the foreclosure. Feel free to contact me at 910-538-6333 or email at firstname.lastname@example.org for question or more information. I will actually be showing rental at 714 Queen St. and have lived 7 blocks from there for the past 10 years. Let me know if I can help.