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Updated about 12 years ago,

User Stats

90
Posts
27
Votes
Edward Barnes
  • Smithfield, VA
27
Votes |
90
Posts

First deal - fourplex

Edward Barnes
  • Smithfield, VA
Posted

Thanks in advance. I think the numbers work on this deal, just want feedback. It's a foreclosed 4plex.

Asking: $97,000 (110 Days on Market)
3200 sq ft
9 BR/5 BA, I'm guessing 3 - 2/1, and 1 - 3/2 (really small rooms...?)
$700/unit per mo (being conservative)
circa 1912
no central AC, has baseboard heat, wood siding
looks like stoves and fridges convey
taxes are only $800/yr

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