Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 8 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.