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Updated almost 14 years ago,

User Stats

148
Posts
174
Votes
Joe M.
  • Real Estate Investor
  • Hartville, OH
174
Votes |
148
Posts

Help me analyze this MultiFam Deal.

Joe M.
  • Real Estate Investor
  • Hartville, OH
Posted

6 Unit - 2 BR each

Rents are $450, $475 & 495.

Asking: Price is $149,000

Owner says the building is completely rehabbed:

New plumbing & water heaters

new separate electric

new furnaces

new windows

newer roof

new lighting

new kitchens

new bathrooms

new back decks

new carport

This is all the information available to me right now, other than a few pictures.

I've not done any multi-family deals yet, but I hope to do at least one this year. Just curious how you guys would rate this deal based on the information available. Is it worth looking into further?

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