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Updated over 4 years ago on .

Sold first Multifamily to 1031 Exchange!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Toledo.
Purchase price: $88,000
Cash invested: $27,000
Sale price: $140,000
Good cash flow 4 unit property. Sold at higher price to put into 1031 exchange for bigger property.