Downtown Duplex in Harrisonburg VA

[Katharine Schmuff]

Investment Info:

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

Purchase price: $142,000

Downtown Duplex in serious need of love. It is in the middle of a complete renovation. Everything is being stripped down, and redone. Only the Bones of the house are staying.

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

I love my town, and I want to see if do well.

How did you finance this deal?

Construction loan. Once it is fully renovated, it will be put into a mortgage.

How did you add value to the deal?

Renovating the entire home.