Auburn 3 Unit

[Reid Laliberte]

Investment Info:

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

Purchase price: $205,000
Cash invested: $60,000

This was the first property I purchased. We have completely remolded the 3 units and just finished the exterior in 2024.

[Steve Kenney]

Hey @Reid Laliberte,

That's a heck of a deal and I'm sure you have a good amount of equity in it now. I've seen small multi-families (2-4 units) appreciate very nicely in the Lewiston/Auburn area. There are a lot of people that are wanting to owner occupy, which has driven greater demand for these properties. 

I am helping other investors as a realtor now, so if you are ever interested in listing it or just want some comps, let me know. 

Hope to see you at the meetup Wednesday!