Just Bought 3 Unit Mixed Use Commercial and Residential Property! Flip #220

Just Bought 3 Unit Mixed Use Commercial and Residential Property! Flip #220
Commercial Real Estate

We just bought this property from the MLS. The property is mixed-use which means it has commercial and residential uses. There is a 3 bedroom residential unit, a commercial unit, and a garage that can be rented separately as well.

The property is located on a busy highway which is great for commercial uses and I have 5 other properties on this same highway in other towns! The property needs some work and has some weird things going on but I think is a great deal!

The property was listed for $320,000, to begin with, and then lowered to $280,000. We made an offer of $200,000 at the time but the seller said they would only drop to $225,000. We passed at that price but the seller said to check back with them in a few months. We came back in a few months and ended up getting the home under for $210,000.

It is totally vacant now but we have a tenant who might already be lined up for the residential and garage side. Once the property is fixed up a little we should be able to rent it for $3,000 a month or more. That would make it worth $400,000 or more!

To get the free book showing how Mark Ferguson has made more than $3 million from rental properties alone click here investfourmore.com/yt

You will also get direct links to some of my most important content, notices for new articles on Investfourmore.com, and special offers.
To see more free content on a daily basis check out the InvestFourMore Instagram page: https://www.instagram.com/investfourmore/
The best way to get in contact with me is through the Insider. I answer any question asked there. As an Insider, you also get access to exclusive podcasts, newsletters, and advanced real estate calculators https://investfourmore.com/insider/
The Complete Blueprint – Rental Properties, Flipping, Ect. – Direct Access to Mark https://investfourmore.com/blueprint/
My books: https://amzn.to/2VGI6a9
Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon https://amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
Instagram: https://www.instagram.com/investfourmore/
LinkedIn: https://www.linkedin.com/in/markfergusonnrba/
Twitter: https://twitter.com/investfourmore
Facebook: https://www.facebook.com/InvestFourMore/
Website: https://investfourmore.com/
House Flip Before and After Playlist: https://www.youtube.com/playlist?list=PLoQKPI7WPeHiFSiYYgYuorUP_STuYa0Vw
Lenders and Funding Resources: https://investfourmore.com/resources/lenders/


Articles You May Like

Future of Retail, Commercial, Industrial and Residential Real Estate in Singapore and Cambodia
May 15 Financial News: The Week Ahead, Is Consumer Ok, San Fransico Commercial Real Estate ouch
Brikho Properties, Real Estate, Commercial, Residential, Investment, Buy, Sell, Detroit, Michigan.
11 years OLD Used house for sale in Hyderabad | Fully Furnished Chance Property
Our first disappointment in buying land – offer REJECTED

Leave a Reply

Your email address will not be published. Required fields are marked *