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Updated about 7 years ago,

User Stats

31
Posts
5
Votes
Kelly Kormos
  • Investor
  • Nashville, TN
5
Votes |
31
Posts

Duplex- First One So Need Help Analyzing!!

Kelly Kormos
  • Investor
  • Nashville, TN
Posted

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

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