Despite its unfortunate facade, 1077 Hancock is a total deal — less than two blocks from the train, three apartments, gigantic, and stupid cheap (reduced from $499K last year). No photos of the inside, and I’m sure it’s not palace, but you could probably move right in after passing a broom and painting a few walls. Two rental units would make your living expenses almost nonexistent — more so if you pick the basement apartment for yourself. The neighborhood is nothing exciting, but the house is a half block from the faded opulence of Bushwick Avenue.

1077 Hancock Street | $429,500
3000sqft | 20ft-wide | 2-family (3 apts), 3ba | frame
Halsey J