Purchase price: $237,500 Cash invested: $75,000 Older vintage home converted to a six plex on an oversized lot.

Purchase price: $237,500 Cash invested: $75,000 Older vintage home converted to a six plex on an oversized lot.

Investment Info:

Single-family residence buy & hold investment in Spokane.

Purchase price: $340,000

Cash invested: $90,000

Beautiful single family home close to downtown. This was acquired with t...

I'm sure it was well taken care of, plus if its in a trendy neighborhood I would roll with the vintage look.

I know alot of hidden gems here in Atlanta that is just wanted to be bought remodeled and use but i have no idea how to get started.

Vintage can be cool, but for most people that means small doses of it and based on the house finishes I don't think that's what the investor was going for. 

I just found this gem and had to share.

It was 2013 and after putting 3 separate offers on 3 separate houses after viewing in excess of 30 houses and walking away from ALL of them for various reasons that I found my gem after 18 months of looking, I was 24 years old.This gem however, was still in the "rough" (as far as I was concerned)....it had been listed at 421K when I first started looking, so I never saw it.

We've found a few gems here with pricing closer to $950 sq/ft and some that are cash flow neutral with possession in a few months.

I see you are the man to see based on your 'title' and #posts/votes so this is a gem.