1227 Lenox Avenue Utica NY
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $38,000
Cash invested: $48,000
Total Investment= $48k
2 Unit Multifamily Home.
What made you interested in investing in this type of deal?
Ability to Buy and Hold
How did you find this deal and how did you negotiate it?
Real Estate Agent
How did you finance this deal?
Cash
How did you add value to the deal?
Minor Rehab
What was the outcome?
Positive Cash FLow of $1300
Lessons learned? Challenges?
The importance of a Core 4 Team is immense.
Challenge: Refinancing
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. Reach out to us for their Contact info.