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Updated about 3 years ago,

User Stats

58
Posts
34
Votes
Ryan Corcoran
  • Investor
  • Pawtucket, RI
34
Votes |
58
Posts

A Class Duplex Oak Hill/East Side Providence

Ryan Corcoran
  • Investor
  • Pawtucket, RI
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Providence.

Purchase price: $580,000
Cash invested: $10,000

Duplex in Oak Hill/East Side Providence... A class property.

What made you interested in investing in this type of deal?

I typically do not buy or entertain properties under 6 units. however, this presented itself as a great deal, off-market, brought to me by an agent. Property recently flipped, requiring zero work. Should cash flow $400/month right out fo the gate. Surrounding duplex selling at $615k+

How did you find this deal and how did you negotiate it?

A good friend and rockstar agent of mine brought the deal to me.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Kyle Seyboth - Real Estate Agent