Updated almost 7 years ago on .
NE Phila Duplex Deal or no deal?
Anyone who is familiar with 19115 zip
CMX-2 zoning
Asking price $265k
Duplex 2x2, 2bath each
Huge basement for storage laundry
PITI $1530
Rent at least $1000 per unit.
Going to self manage
Grate location, schools
Keep in mind the competition is crazy. Everything is selling beyond asking price to cash and FHA buyers. I tried to make an offer so many times and always losing.
It's off market, so I don't have to compete. It would be rather investment for retirement then for cash flow, but I don't want to be in negative either.
Do you think it's manageable?