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Updated over 5 years ago on . Most recent reply

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6
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1
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Marco Graves
1
Votes |
6
Posts

Is this good or just okish? Fitchburg MA

Marco Graves
Posted

I found a 5 bedroom 1 1/2 bath large single family near my local college for 145k could easily rent out each room for $550x5 to college kids, worse comps are going for 180-280k it doesn't need anything but removing the okish wallpaper and a bit of cleanup and paint maybe 5k total, has tenents already in it (don't know how much there paying) so ~155k total with fees, and cost $1,650 conservatively a month water heating insurance maintenance internet (collage kids), I can't get the loan right now/don't have the time, would this be a good deal for someone to buy?, central mass area, off market.

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