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Description
3100ft2
apartment w/d in unit off-street parking
Buy with as little as 5% down if you have good credit and sufficient income to qualify for a conventional loan. Owner financing possible with $200,000 down payment.
Great investment with rent upside! 10x gross; 7.7% cap rate.
Nice triplex on cul de sac with mostly single family residences. All units have separate entrances. Front building is duplex with lower Unit A and upper Unit B. Back building is 2 story with private yard all of which is Unit C. Offstreet parking for one car per unit.
Unit A: current rent $1555 (may increase to $1593.87 on 1/1/2024); market rent $2400. 3 Bd/1Ba
Unit B: current rent $2375; 3Bd/2Ba
Unit C: current rent $2357; 3 Bd/1.5Ba
All units have Pergo flooring and there are some double pane windows. Owner pays trash, and water for Unit A.
Great investment opportunity.
Reasonable offers considered, not interested in lowball offers.
2.5% to selling agent.
