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Updated almost 11 years ago,
2 duplex for 250k
Know a lady that has 2 duplexes for sale in a small town that are both in great shape. She is asking 250k for both with owner terms. They are 2/1's and all rented with some tenants over 5 years. All are long term. She only charges 500.00 a month each. Taxes are low and insurance will be low. I'm thinking that's a little high. Would be ok if I could raise the rents. At 250k what would you think each door should bring? There is room to neg.