Wholesale Price: $156,900
After Repair Value: $240,000
Great buy and hold opportunity on this 4 unit multifamily. This is the lowest price 4 unit multi-family in the area and sure to go fast. Needs some updating but not a gut rehab. This is a 3,142 sqft, 8 bedroom, 4 bath multifamily that is sure to be an income generator for any investor. Each unit can rent for $1,060 after updates have been completed generating $4,240 gross monthly income making it well over a 14% cap.
4 Unit Multi-Family
8 Beds / 4 Baths
3,142 sf Living Area (per tax records)
1905 Year Build
This deal won’t last so ACT FAST! The first one with a signed contract and earnest money gets the deal.
- We Have an equitable interest in the property and are selling our contract
- Cash or private/ hard money only
- If using hard money you can only use lenders we approve
- Buyer pays ALL closing costs, which includes transfer tax, title insurance, and title company fees
- Buyer will receive taxes prorated to 100 percent and free and clear title
- Realtors add whatever fee you want
- Proof of funds required for viewing
- Please do your own due diligence.
- $3,500 Earnest money and it is non-refundable unless one of the following happens:
- We cannot provide clear title
- Property is destroyed, wholly or partially, by fire or other casualties prior to closing.
We Pay Referrals Fees! So, if you know someone that would be interested in this deal please forward this email to them.
Do you need money? We have lenders ready to lend. Call us for more details.
*DISCLAIMER: This information is deemed reliable but is not guaranteed