Mission Hill 3 Family

[Daniel Rhault]

Investment Info:

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

Purchase price: $990,000
Cash invested: $198,000

Solid 3 Family located in the Mission Hill / Longwood Medical Area of Boston, MA

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

cash flow

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

working in the area (word of mouth)

How did you finance this deal?

conventional 30 yr fixed

How did you add value to the deal?

1 renovation per year.

What was the outcome?

Longterm hold

Lessons learned? Challenges?

buy more 3 families

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hillway Realty