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Updated over 2 years ago on .

Michael Clark's profile image
Michael Clark's profile image
Michael Clark
  • from Feasterville-Trevose, PA
  • Member since Nov 20, 2014
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User Stats

12
Posts
4
Votes
Michael Clark's profile image
Michael Clark's profile image
Michael Clark
  • from Feasterville-Trevose, PA
  • Member since Nov 20, 2014
Connect
Michael Clark
  • Feasterville-Trevose, PA
4
Votes |
12
Posts
Real Estate Deal Analysis & Advice

First investment property

Michael Clark
  • Feasterville-Trevose, PA
Posted

Investment Info:

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

Purchase price: $293,000

3 unit property in downtown Allentown. Turnkey investment with value add potential. Two units occupied, renting for $815 and $850 per month. Did a light rehab on the 3rd unit - fresh coat of paint and new carpeting. Currently listed for $1250 per month. Not a home run deal, but a good start and a lot of appreciation potential.

  • Michael Clark
    • 1 Vote
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