Updated over 4 years ago on .
Small multi family residence
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $38,000
Cash invested: $5,000
This is a legal 2 unit that has been converted into a one family. Could easily be converted back. Has a large back yard and comes with a carriage house. After a few repairs this would conservatively produce $700 per unit.