Owner getting out of the landlord business to pay college tuition. Triplex- two one bedroom units downstairs and one up. One downstairs unit is rented at $450 per month. Second downstairs unit is ready to rent. Upstairs needs some wiring, paint, and some plaster repair. Off street parking. Average net profit in 2016 after expenses with two units rented was $560.00 per month. This is a great value, live in one side and rent the other while finishing the upstairs. Assessed value is $36,100. Also available, 1705 W. 9th which is another triplex with each unit being one bedroom. This house is also a great money maker. In 2016 the average net profit after expenses averaged $829.00 with all three units being rented. This house is priced at $32,000 and the assessed value is $45,000. Buy them both and save even more. Purchase agreements were recently signed for both houses. The buyer breached the contracts but the title work can be transferred to new purchaser for quick and easy transaction. Landlord pays utilities in both houses. Income statements available upon request. No realtors and no contracts. Both houses sold as-is.
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