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Updated almost 6 years ago,

User Stats

15
Posts
5
Votes
Robert Zeuli
  • Specialist
  • Saugus, MA
5
Votes |
15
Posts

Condo Conversion in Stoneham!! Rare Find

Robert Zeuli
  • Specialist
  • Saugus, MA
Posted

I have a 2 family in Stoneham under-agreement, side by side, built in 1985, with separated utilities, separate driveways, private parking, private yards, condo conversion complete other than paperwork. 

Both units are in good condition and renting at market value for the condition. Some minor updates can be done to improve property value or rents. Scope of work between $10,000 to $20,000.


The numbers look great and potential profit is around $230,000 if converted but I will need a partner to fulfill the $750,000 needed. Willing to split everything 50/50.

Open to Wholesaling this property to the right person as well. 

Contact me for exclusive details. This is an off-market discreet sale so please understand that owner privacy is important to us. 

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