A bread and butter Triplex below $500K. At this price it is a steal ! Single story triplex near Hammer Lane. All units 2-bdrm, 1-bath; carport parking for each. Two units were improved with laminate flooring in recent years. One unit was remodeled by previous owner a few years ago with new drywall, laminate flooring, fixtures, cabinets, windows, tub surround, doors, double wall heater. Sewer line to mainline has been fixed and a new clean out installed by Roto-rooter. Current Rents are $37,800 per year. Potential rent is $50K+ p.a. That translates to a gross cap rate of 10%
Courtesy of Bethany Real Estate & Investments, .
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