PUTNAM - 3 FAMILY HOME -HISTORIC DISTRICT
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hartford.
Purchase price: $322,000
Cash invested: $76,000
3 FAMILY BRICK HOUSE IN A HISTORIC DISTRICT
What made you interested in investing in this type of deal?
This 3 family home was full interior renovations done prior to the closing. The exterior needed work and an intensive clean up . I saw its potential and purchased the home.
How did you find this deal and how did you negotiate it?
The home was purchased at the under market value price of 322k . Actual market value is 350k.
Once exterior renovations are completed it will add more value to the property.
