3 Unit Rental Property

[Albert Torosyan]

Investment Info:

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

Purchase price: $679,000
Cash invested: $170,000

3 units fully occupied with long term tenants

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

Passive income

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

Local Real Estate Agent

How did you finance this deal?

Bank

How did you add value to the deal?

Remodel and Long Term Tenants

What was the outcome?

Amazing

Lessons learned? Challenges?

Challenges were finding the right tenant