Ann Arbor (WWJ) -- In an effort to preserve a row of seven century-old homes in Ann Arbor -- homes that otherwise face demolition -- local builder Alex de Parry is selling them for $1 each.
Sounds too good to be true, and it is--sort of. There's a stipulation that the buyer pay to move them, and they can't be moved in its entirety.
A group of investors has submitted a plan to replace the homes with four-story apartment building dubbed City Place.
It's the group's second proposal for the South Fifth Avenue site. The first was rejected by the city's Planning Commission in January.
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