Nice looking investment property here at an affordable entry level price point. Triplex built in 2006 is 100% occupied and ready for your investment. 2BR/2.5BA townhome style units all with same floorplan - both bedrooms with private baths upstairs with LR, kitchen and 1/2 bath downstairs. The property definitely has great curb appeal with nice landscaping and it is easy to tell this property has been well-kept by owner/seller who developed many properties in this nice neighborhood. Each unit individually metered for power/water. Large off-street parking lot has 10 spaces for residents and guests. Rents are $625, $550, & $550 to longer term tenants. Definitely room to bump rents when these units turn or come up for lease renewals. 7.8% proforma cap rate at $650/month rents and 30% operating expense factor.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
