888 Cannon St

[Amanda Ingram]

Investment Info:

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

Purchase price: $487,000
Cash invested: $252,000

Mulit-family home with 3 units (2 two bedroom units and 1 one bedroom unit)

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

We sold a vacation home and needed to put the money into another property to avoid capital gains tax. We stumbled upon this property that already had long term tenants in place.

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

MLS

How did you finance this deal?

Conventional financing / 1031 Exchange