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Updated almost 8 years ago on . Most recent reply
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DUPLEX FOR SALE - SELLER FINANCING AVAILABLE
2639-41 N 40th St (4/4 duplex)
Mechanicals are good, new roof, exterior needs paint, cosmetic repairs on interior.
Property was not being managed well so both tenants are being evicted.
Asking: $45K
2702-04 N 40th St (2/2 duplex)
Mechanicals are good. Upper has long term tenant rented at $550 mtm, Lower is vacant
Asking: $45K
SELLER FINANCE TERMS: 20%down, 9% int rate with 10 year amortization ($405/month payment on each duplex)
zarak sharwani
414-899-3040
Most Popular Reply
Zarak, your seller finance terms make it unbearable unless someone is willing to cash flow negative for 10 yrs. $550 - 405 mortgage = $145/mo to cover all other expenses such as taxes, insurance, property management, utilities, capex, vacancy & maintenance/repairs