Duplex with 8 rental garages
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Harrisburg.
Purchase price: $77,000
Cash invested: $7,700
Duplex with 8 rental garages
What made you interested in investing in this type of deal?
The garages is easy rent. No occupied units with just electric
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Seller financing
How did you add value to the deal?
New heater in the duplex and updated the back yard
Lessons learned? Challenges?
Negotiate some of the obvious repairs before purchase.