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Updated over 7 years ago on . Most recent reply

User Stats

23
Posts
21
Votes
Jay Lalik
  • Taylorsville, UT
21
Votes |
23
Posts

Is there a 4 plex for sale >$600k that is not a slum?

Jay Lalik
  • Taylorsville, UT
Posted

It is a shot in the dark but... does anyone here have or know about a decent 4 plex in the valley that is for sale.

I am having a difficult time finding a 4 plex to owner-occupy. I exhausted all ACTIVE properties from the MLS as of yesterday. as in the properties I looked at were rough, one was in a legitimate slum in WV that should be taken over by the city.

I found a decent one at $650k on the east side but the current rents are so low for that price.

I want to be close to breaking even with the loan using the 3 rented units to cover it all (It is a VA loan.)

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