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