Is this multi-family deal worth pursuing?

[Ryan Jackson]

I found a 14 unit for sale. Asking price is $480,000. It is in a B class neighborhood and the property is in good shape other than it could use some updating. Rent is 500 per unit and with some updating could go up to around $550-$600 a unit. I'm currently under contract with 2 duplexes so I would definitely be in a pinch to purchase the 14 unit if I could even be approved for the loan. I'm wanting to get some opinions on if I should really try and make it happen or let this one go. Thanks in advance.