Updated over 9 years ago on . Most recent reply
Duplex 1 BR duplex a good investment
Hello,
First time posting on BP but have been looking through forums and listening to podcasts for about 6 months now. Great site!
Question: Is this a good investment?
Duplex near a decent downtown area for $140,000 in MI. 1 BR 1BA 1 car garage on each side. 600 sq ft on each side and a shared basement.
I prefer to buy a 2 BR on each side duplex but with the added pros of garage and basement maybe it would be worth it? Also the fact each unit is rather small. I think I could rent each side for $800.00. Apartments blocks away rent for $800 for 2 BR 1 BA 800 sq ft
Thoughts?
Thanks,
Doug



