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Updated almost 12 years ago on . Most recent reply

User Stats

174
Posts
14
Votes
Savannah Leigh
  • Real Estate Investor
  • scranton, PA
14
Votes |
174
Posts

i dont think this is a deal...can anyone see a deal?

Savannah Leigh
  • Real Estate Investor
  • scranton, PA
Posted

wilkes barre pa. nice, blue collar area.

8 unit building. 6 units are 1/1, 2 are 2/1

4 are ready to go. 1 minor fix, 2 moderate fix. all cosmetic

1 down to bare walls.

electric heat,

plumbing completely removed from basement. upstairs ok

6 meters/boxes. electric shared somewhere

rents plus or minus 600 when done.

needs about 1/3 of windows. rest new.
roof new. some minor water damage in 1 unit.

est 30 to 50k to finish. including electric split

owner firm at 65. im thinking 25 to 40.

am i off base?

thanks

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