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Updated 29 days ago, 11/24/2024
Found a multifamily investment property - worth a deal?
Hello, I found an investment opportunity... it's a duplex/triplex offering a total of 5 rental units. All are currently tenant-occupied. It is located in Lexington, NC. Each unit is individually metered for power and water. Each unit is rented right now for $500/month. The seller is asking $500k... Before I negotiate, is it worth looking into this? I've never owned a duplex/triplex unit as a rental. Let me know your thoughts please.