10+% ROI: Investing in Wallingford Small Multifamily Property

[Joseph Salzillo]

Investment Info:

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

Purchase price: $585,000
Cash invested: $234,000

Represented one of my buyers on this 3-family opportunity in Wallingford. The rents are incredibly strong for this property and is in one of the best conditions I've seen a small multifamily. There are 3 garages on the property rented for additional income, and this buyer is self-managing!