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Updated almost 17 years ago on . Most recent reply

Rich Thoms's profile image
Rich Thoms's profile image
Rich Thoms
  • Real Estate Investor
  • from West Haven, Connecticut (CT)
  • Member since Jul 18, 2008
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User Stats

35
Posts
3
Votes
Rich Thoms's profile image
Rich Thoms's profile image
Rich Thoms
  • Real Estate Investor
  • from West Haven, Connecticut (CT)
  • Member since Jul 18, 2008
Connect
Rich Thoms
  • Real Estate Investor
  • West Haven, Connecticut (CT)
3
Votes |
35
Posts
General Landlording & Rental Properties

Possible winner (crossed fingers)

Rich Thoms
  • Real Estate Investor
  • West Haven, Connecticut (CT)
Posted

I found something the other day and will be doing a tour of it tomorrow.

4 Family $150K
it has 2 tenants currently paying $875 each and I think it needs a new roof, carpets and paint.
Taxes are $6,775 per year

I think it could make $4000 a month easy with the other two apartments rented and the rent adjusted to the market.

Does this seem like a good deal?

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