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Updated almost 2 years ago on .

Mackenzie Grate's profile image
Mackenzie Grate's profile image
Mackenzie Grate
  • Real Estate Agent
  • from Ulster County, NY
  • Member since Mar 29, 2020

User Stats

201
Posts
173
Votes
Mackenzie Grate's profile image
Mackenzie Grate's profile image
Mackenzie Grate
  • Real Estate Agent
  • from Ulster County, NY
  • Member since Mar 29, 2020
Mackenzie Grate
  • Real Estate Agent
  • Ulster County, NY
173
Votes |
201
Posts
Real Estate Deal Analysis & Advice

Duplex Gut Renovation

Mackenzie Grate
  • Real Estate Agent
  • Ulster County, NY
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Rosendale.

Purchase price: $205,000
Cash invested: $150,000

This is a full gut reno purchased off market. The renovation has been slow, but it is coming along. We intend to set it up for a long term rental in one unit and a short term rental in the other unit... although we may have to pivot to two long term rentals because of the town's changing STR laws.

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