Small multi-family (2-4 units) in Philadelphia, PA

Small multi-family (2-4 units) in Philadelphia, PA

Investor · Philadelphia PA · Member since 2016 · 44 posts · 10 votes

Investment Info:

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

This was a deal that we picked up through wholesale and rehabbed it into 3 apartments. 2, 2 bed 1 bath units and 1, 1 bed/ 1 bath unit. this building has been fully leased up for the past 2 years.

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  • Philadelphia, PA · Member since 2017 · 364 posts · 109 votes
    7y
    Originally posted by @Angelo Goodwin:

    Investment Info:

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

    This was a deal that we picked up through wholesale and rehabbed it into 3 apartments. 2, 2 bed 1 bath units and 1, 1 bed/ 1 bath unit. this building has been fully leased up for the past 2 years.

     Was it difficult to obtain rezoning permit from duplex into triplex? I heard a lot of times the City giving hard times with that.

  • Realtor · Philadelphia, PA · Member since 2016 · 45 posts · 29 votes
    7y

    @Angelo Goodwin wow! looks like you did a great job on the rehab. Well done!

  • Rental Property Investor · Philadelphia, PA · Member since 2018 · 8 posts · 6 votes
    7y

    @Angelo Goodwin Looks awesome... congrats! Just curious, what neighborhood is the property in?  

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