Sunday, November 24, 2013

Looking for a Project?



  • 10 Honeysuckle Drive
  • Chicopee MA                                                                   $59,000
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  • This 1030 square foot condo home has 2 bedrooms and 1.0 bathrooms. Just needs minor TLC.
  • Bedrooms:2 beds
  • Bathrooms:1 bath
  • Condo:1,030 sq ft
  •  










360 Blossom St
Fitchburg, MA    

$90,000








Large single family with 3 beds, one bath just 2 minutes away from Fitchburg State College.

  • Bedrooms:3 beds
  • Bathrooms:1 bath
  • Single Family:1,764 sq ft
  • Lot:1.19 acres
  • Year Built:1968
  • Heating Type:Forced air







    


Wednesday, November 13, 2013

Wholesale Properties 11/13






Land for sale
Rosindale, MA    

$115,000











7,000 sqft lot for sale, according to seller its can be approved for Single family.













 



Mobile Homes Park
North Reading, MA
3.2 Acres of land







Consisting of 26 Modular home  sites.

PLAN A
Each home has an association fee of $600. Monthly X 26 = $15,600 monthly gross revenue.

Each home average cost set up complete$82,000
Sale of an average home $140,000
Average profit per home $58,000 X 26 = $1,508,000

Included in the association fee:
Snow removal    ( budget for snow removal $4,500.)
Landscaping        ( budget for landscaping  $4,500)
water & sewer  ( budget for water & sewer  $16,500)
Trash removal   ( budget for trash removal  $4,800)
master insurance ( budget for master insurance $5,800)

Total annual expenses: $36,100. / monthly = $3,008.33


Total Gross monthly  income = $15,600.
Less monthly expenses               $ 3,008.33
Gross monthly profit                    $12,591.67
_______________________________________________________________________
PLAN B
Buying 26 new homes @ $82,000 with site work and set up: $2,132,000.
Leasing each unit for an average of 1,450. X 26 = $37,700. Monthly gross income X 12 months $452,400.



COMMERCIAL SPACE



Buildings in Woburn, MA:

Units are $250k

Rents average 1700 monthly.
Property is new heavy industrial construction.  IG zoned.
8 miles from down town Boston, 1 mile from routes 93 & 95
Finding Land to build this product in a ten mile radius is extremely minimal and if you find it, it's very expensive, making the supply and demand greater each year.  These units are 1500sf to 1860 sf industrial condos.  You could buy one or buy 10. Each are currently under leases with A plus tenants.

 



Wednesday, October 23, 2013

Buy Hold Single Family



3 Prospect CT  Lawrence, 
MA 01841-2818                   $65,000











     

Description:

Single family in need of extensive rehab, great for buy and hold rental single family.


Style: Colonial
Total Rooms: 6
Bedrooms: 3
Bathrooms: 1f 0h

Property Information
Approx. Living Area: 1472 sq. ft.             
Approx. Acres: 0 (0 sq. ft.)        
Garage Spaces: 0  --
Living Area Includes:    
Heat Zones:   Gas          
Parking Spaces: 6  Off-Street





Saturday, October 19, 2013

Cheap Deals Available








Package Deal in Rhode Island.



 This are some deals available in Rhode Island can be bought together or cherry picked.

  1. 165 Julian Street, Providence, RI.  This property is a single family three-bedroom residence in the Manton/Mt. Pleasant section of Mt. Pleasant.  Needs rehab. Vacant.  Asking $26,000. Suggested After Rehab Value (ARV) is $79,900

  1. 55 Darling Street, Central Falls, RI.  This is a three story, three unit apartment building (three bedrooms each unit). Vacant.   Needs rehab.  Asking $43,500. Suggested ARV is $149,900

  1. 292-294 Mowry Street, Woonsocket, RI.  This is a three story, three unit apartment building (three bedrooms each unit).  Vacant.   Needs rehab.  Asking $61,000.  Suggested ARV is $159,900.

  1. 392 Front Street, Woonsocket, RI.  This is a three story, three unit apartment (three bedrooms each unit). Vacant.  Needs rehab.  Asking $41,000.  Suggested ARV is $139,900

  1. 19-21 Welles Street, Woonsocket, RI.  This is a three story, three unit apartment (three bedrooms each unit).  Vacant.  Needs rehab.  Asking $36,000. Suggested ARV is $$129,900

  1. 92-94 Slater Street, Pawtucket, RI.  This is a three story, four unit apartment building.   Fully rented, (two three bedroom units – first and third floor, rented at $750 and $650 per month; two one bedroom units – both on first floor, each rented at $450 per month).  (Gross monthly rent:  $2300 per month).  Currently assessed at $143,000. Asking $112,000.

  1. 53 Summer Street, Central Falls, RI.  This is a four story, four unit apartment.  Fully rented, (four units, 4 BR, 3 BR, 3 BR, and 2 BR (bringing in rents of $750, $750, $700 and $600). (Gross monthly rent: $2800).    Currently assessed at $128,900.  Asking $81,900.








2,488 Sqft; - Boston's 3+ Multi-Family Zoned Land for Sale!!!







NOT IN MLS





Thursday, October 3, 2013

CASH COW MULTI FAMILY-34 Units


88 Brook ST Hartford, CT 

    $865,000





 

Description

Great tenants, renovated in 2009 apartments, low maintenance, super lives on premises, 6 
buildings next to each other, 15 vacant apartments, sold as is, 5 - 6family and 1 - 4family with 
6 garage spaces family friendly park across the street, located near YMCA community center 
in Northend of Hartford, new water splash park across the street from property.

make 300,000 on equity the day of purchase.

Debt Ratio
Income at (75%) $18,187.50
Expenses $10,993.33
Total % 165%
CAP 17.814%
Ideal (NOI*10) 10%
GRM 5.61

  • Price:
    $760,000
  • No. Units:
    34
  • Building Size:
    38,718 SF
  • Price/Unit:
    $22,370.59
  • Property Type:
    Multifamily
  • Property Sub-type:
    Garden/Low-Rise
  • Property Use Type:
    Investment                            

Schedule A Showing



Wednesday, July 3, 2013

Cheap Single Family



Brockton, MA                                    $83,000         





wholesale properties, cheap properties, discount, bargain house.
Add caption


 This is a Single-Family Home in Brockton MA. property is sold as is with tenants.

The occupant is incommunicative so I don't know if something can be worked out or if an eviction will be required.


  • Single Family Residential
  • 4 Bedrooms
  • 1 Bathroom
  • 1,406 sqft
  • Lot Size: 4,356 sqft
  • Built In 1880
  • Stories: 2 story with basement
  • Heating: Forced air unit
  • Parking: Attached Garage
  • Exterior Walls: Siding (Alum/Vinyl)
  • 7 Rooms
  • 1 Unit
  • Basement: Full Basement
  • Style: Colonial
  • County: Plymouth

Schedule A Showing

Thursday, April 4, 2013

Mix Used Property




LAWRENCE, MA 


    $190,000

CASH FLOWING Mix Used Building in busy street . nothing to do just move in and start collecting rent.


Apart 1: $850
Apart 2: $850
Comm 1: $1,000
Comm 2: $1,100 ( Currently Vacant)




Wednesday, April 3, 2013

Lot for Sale in Lawrence, MA




9-11 Lafayette Ave,
LAWRENCE, MA 01843





    $60,000

Property just Burn. 4,100 sqft Lot for sale in Mount Vernon Area in Lawrence, MA


Schedule A Showing

Tuesday, March 26, 2013

Can You Pull the Trigger, Needs to close in 5 Days.


Methuen
MA






I want to see it!

$205,000

3

bed
ARV  310,000

1.5 

bath
REHAB 21k
RARE Find, not many 3 families for sale in Methuen, Make your move today. needs to close ASAP. Layout offer bed 3/2/3 properties needs front , back porch other than that just paint.

NEED a cash buyer who can perform, need to close property by Monday.



CLICK HERE REHAB ESTIMATE





N/A
Get directions
Partner In!

Key Features:



• Property in very good condition.
• Open Kitchen.
• Off Street Parking.


Monday, March 25, 2013

17 Pentucket St Haverhill MA



Haverhill

MA






I want to see it!

$70,000

3

bed
ARV  139,000

1.5 

bath
REHAB 23k
Located in the desirable Heathfield Grove neighborhood, this updated contemporary provides convenient access to the interstate, shopping & the excellent district 5 schools.



ARV
REHAB
View on Zillow
Get directions
Partner In!

Key Features:



• Large Living Room.
• Open Kitchen.
• 1.5 Bath.