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Updated about 11 years ago,

User Stats

13
Posts
2
Votes
Aaron McFarlin
  • Rahway, NJ
2
Votes |
13
Posts

Deal on two family rental(first time)

Aaron McFarlin
  • Rahway, NJ
Posted

The seller wants 370000( the tax assesed value of the house is 426700) for his duplex. Each unit has 2 bedrooms and a bath with no major repairs needed, aside from carpet paint and a few appliances.They city it is located in is a good area, similiar houses have sold from 300000 on the lower end to 450000 on the higher end. Renting both units out could bring in 3000 month. Do you think i should take this deal?

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