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Updated almost 5 years ago on .

Michael Jablon's profile image
Michael Jablon's profile image
Michael Jablon
  • from Delray Beach, FL
  • Member since Oct 10, 2016
Connect

User Stats

11
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3
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Michael Jablon's profile image
Michael Jablon's profile image
Michael Jablon
  • from Delray Beach, FL
  • Member since Oct 10, 2016
Connect
Michael Jablon
  • Delray Beach, FL
3
Votes |
11
Posts
Real Estate Deal Analysis & Advice

Downtown Lake Worth Triplex

Michael Jablon
  • Delray Beach, FL
Posted

Investment Info:

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

Purchase price: $255,000
Cash invested: $45,000
Sale price: $339,900

Purchased a triplex 12 blocks north of downtown Lake Worth using an FHA loan in July of 2017. Made major renovations to the third unit (cottage). Sold in late 2019 due the high demand of rental properties in the area. This was my first and only deal so far.

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