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Updated about 7 years ago,
Duplex- First One So Need Help Analyzing!!
I just received this info from a realtor and I have not done multi family yet but I do know it is accessed differently. Working to research now but thought I would provide the details and see if there was any advice on how I can make sure I review all items needed to come up with the best purchase price. They do not have one so I will need to go over all the details to make an offer based on info I can get from the seller.
"My client has a 2 unit multi-family home
4BR/3BA and 2BR/1.5BA
The unit is fully occupied collecting $2000, but could earn more.
Seller is flexible and motivated. She was living on one side and decided it was all too much for her.
Accepting all offers
Close to schools
Less than 1/2 mile to groceries, shopping and restaurants
Close to emergency services
2 minutes to Park
Large yard for families with small children
On a quiet street
Fully occupied
New water Heaters
New water supply line
New Ducting
New Carpet
New Cabinets and countertops
Rehab bathrooms
All Appliances stay
One tenant is on a month to month the other is on a year lease"
- I will research rental prices for the area
- I need rental rolls from seller correct??
Thanks for any advice!
Kelly