I found a triplex in Plymouth county. I offered 430k . It needs a little paint and touch ups - unit 2 needs a facelift. Only one unit is rented ($1000 taw) , the 1st and 2nd unit was owner occupied. Rents in the area are good ( 2-3 beds could fetch $1500-1800). 49% of the population are renters. It’s in a high risk flood zone (the sellers say the policy can be transferred - grandfather, current premium 2900)I would owner occupy for a year or so and rent out my unit once I leave... would you invest?
Investor · New Bedford, MA · Member since 2016 · 43 posts · 24 votes
8y
I haven't done business with him yet but I hear nothing but great things about @Charlie Macpherson and he is very knowledgeable and always willing to help I would definitely reach out!