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Updated almost 14 years ago,
Help me analyze this MultiFam Deal.
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?