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Updated over 9 years ago,
Multi Family
There is a 4 unit building for sale in my area. One of the units is a 3 bedrooms 1,535 sq ft, one is 2 bedrooms 1,170 sq ft and two units 2 bedrooms 850 sq ft, but only one of the 850 sq ft one is being rented for $400. The building is going for $110,000. My concern is should I make a offer on the building that is 1/4 rented? The owner is saying the 3 bed was getting $600 and the 2 bed 1,170 sq ft was getting $525 which are low.