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Updated over 8 years ago,
Duplex Analysis
Hello BP Community,
I found a deal near my work. It's a two bed/two bath duplex. Asking is $435,00.
- Lot: 8,276 sqft
- Multi Family
- Built in 1950
- Price/sq ft: $194
Both units are vacant. So, no tenants in place. I am interested in house hacking, so I would live in one. I am using a FHA loan and according to the agent I can command rent around $1350 per month.
Here is the link to the property.
http://www.realtor.com/realestateandhomes-detail/4...
It's really a tough market for MFH's in this area. What do you guys think? Good investment? Please ask any questions.
Thank you.