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Updated almost 5 years ago on . Most recent reply

User Stats

12
Posts
6
Votes
Patricia Ferreira
  • Investor
  • Hillside, NJ
6
Votes |
12
Posts

300-302 S 19TH ST NEWARK HOUSE

Patricia Ferreira
  • Investor
  • Hillside, NJ
Posted

Investment Info:

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

Purchase price: $202,000
Cash invested: $28,000

2 FAMILY 1 OWNER 3BED 1 BATH EACH UNIT

What made you interested in investing in this type of deal?

MULTIFAMILY IN GOOD CONDITION JUST NEEDED UPDATING

How did you find this deal and how did you negotiate it?

A FRIEND OF OURS WHOS AN ELECTRICIAN TOLD US ABOUT THE PROPERTY

How did you finance this deal?

HARD MONEY

How did you add value to the deal?

UDATED & CONVERTED IT INTO A 3BEDROOM

Most Popular Reply

User Stats

12
Posts
6
Votes
Patricia Ferreira
  • Investor
  • Hillside, NJ
6
Votes |
12
Posts
Patricia Ferreira
  • Investor
  • Hillside, NJ
Replied
Originally posted by @Moises R Cosme:

How much are you getting in rent per unit?  Congrats on the deal!!



We currently rent each unit for $1550.00 3bed 1bath

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