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Updated almost 5 years ago on . Most recent reply

User Stats

45
Posts
72
Votes
Louise Cornell
  • Wholesaler
  • Philadelphia
72
Votes |
45
Posts

Super Clean Cash Flowing Lansdowne Triplex

Louise Cornell
  • Wholesaler
  • Philadelphia
Posted

Investment Info:

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

Purchase price: $215,000

Very clean Lansdowne triplex. One bed was bringing in $900/month, two other units were bringing in $800/month. 6 bed 3 baths total. With new tenants, the property is now bringing in $2,600/month. Everything was separately metered with all mechanicals recently replaced.

How did you finance this deal?

Financed with hard money.

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