My home is 82 years old and has an Iron water supply line that runs from the meter to the basement. In the basement is the main shut-off with an iron pipe that comes off the valve. They replaced the pipes that supply the house with copper connected to the iron pipe. I noticed a little water that seems to be coming from where they connected the copper pipe with the iron one. I'm concerned about the age of the iron pipe and causing more problems. What are my chances of being able to take this fitting loose, teflon tape it and getting it back together without having to call a plumber in for a bigger issue?

