Multi Family Fix & Flip outside of Boston (Revere)

[Joni Shehu]

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Revere.

Purchase price: $350,000
Cash invested: $80,000
Sale price: $550,000

Multi-family fix & flip. We bought this as a buy & Hold until we realized that 2-family properties aren't great to manage. We acquired this 2-family building and inherited an amazing 2nd floor tenant. We renovated the entire 1st floor by changing the floorplan from a 2bed/1bath to a 3bed /1 bath. Sold it after 5 months for a nice profit.