Description
Passive income and equity opportunity. This triplex offers two 2 bedroom/1 bathroom units and one 3 bedroom/1 bathroom. Porches need a bit of care but this property stands strong structurally and will continue to serve tenants for many decades to come. Each unit has it's own utilities. Unit 1 is an attached single family home property with it's own basement. Unit 2 occupies the downstairs, while Unit 3 the upstairs with it's own seperate entrance. Both occupying the right portion of the property. Large .22 acre double lot with a private backyard that offers seasonal florals during warmer months. This property could gross $4,788 monthly. That's a very healthy $57,456 annually and a +/- 25% cap rate!
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7BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
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2,800SQFT
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$63$/SQFT
School Ratings & Info
Description
Passive income and equity opportunity. This triplex offers two 2 bedroom/1 bathroom units and one 3 bedroom/1 bathroom. Porches need a bit of care but this property stands strong structurally and will continue to serve tenants for many decades to come. Each unit has it's own utilities. Unit 1 is an attached single family home property with it's own basement. Unit 2 occupies the downstairs, while Unit 3 the upstairs with it's own seperate entrance. Both occupying the right portion of the property. Large .22 acre double lot with a private backyard that offers seasonal florals during warmer months. This property could gross $4,788 monthly. That's a very healthy $57,456 annually and a +/- 25% cap rate!
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Courtesy of Amy Limacher of EXP Realty: Cell: 802-355-1239.