The property was built in 1914, making it over 100 years old. While the exterior appears to be maintained (as seen in the limited provided images, including a relatively new-looking fence), the listing description explicitly states 'potential for future value-add improvements.' This strongly suggests that the interior, particularly the kitchen and bathrooms, and other major systems, are outdated and require significant updates to meet current standards. However, the property is currently occupied by 'stable, long-term tenants' and generates 'consistent rental income,' indicating it is functional and livable, thus ruling out 'Poor' or 'Tear-down' conditions. The lack of interior images prevents a detailed assessment of specific features, but the overall context points to a property that is aged but maintained, with functional but outdated components requiring updates, aligning with the 'Fair' condition criteria.