Quadplex that is being renovated down to the studs. The seller has too many projects going on and has decided to sell. Framing, windows, and mini-splits have been completed. All this property needs is some additional cosmetic renovations.
Why We Love It: Location Prime location right by Starbucks and the new streetcar line and the ability to pull $7,000/mo on a single property. Plus, seller financing on the asset makes this a textbook BRRRR!
Challenges: Requires you to finish rehab and cut a parking lot on the ally with a retaining wall to maximize parking. Must love a project!
Buyer Detail and Financials