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Updated over 4 years ago,

User Stats

199
Posts
42
Votes
Simon Obas
  • Rental Property Investor
42
Votes |
199
Posts

Should I go through with This property?

Simon Obas
  • Rental Property Investor
Posted

Greetings! I would like to know if I should proceed with a house that I just got my offer accepted for. Read below and then please lmk your thoughts. Thank you.

•3 family home/will be my second house Hack

•Selling price : $322k ( I dont believe it’ll appraise for this price)

•Comps: $315k

•rents $11-1200 for the 2bed units 

900 for the 1 bed unit. 

•see the description below

Newly renovated West End 3-family with 3-car garage! Granite counters in 1st floor unit (ideal for owner/occupant). NEW roof with 50-yr warranty and new seamless gutters. NEW hardwired fire alarm system and fire rated doors. NEW thermopane windows throughout. Refinished hardwood floors, tile flooring in kitchens & baths, updated bathrooms, and NEW kitchen cabinets throughout with stainless steel appliance packages. In-unit laundry for 1st & 2nd floor units, 3rd floor unit laundry hookups in basement. Plenty of off-street parking space. Natural gas hot water heaters, separately metered gas and electric utilities. 1st & 2nd floor have original fireplaces. 100 amp electrical service with owner's meter. Freshly painted inside & out.

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