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$499,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 3 |
9.00 |
0 |
$791 |
1977 |
|
On the market:
0 days
|
View full details, photos, school info, and price history
Motivated Seller! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.
Listing courtesy of Marcus Marshall, Luxe Collective Group LLC