Description

Calling all investors! This cash-flowing triplex is a great opportunity to combine current income with serious value-add upside. The vacant first-floor unit offers 2 spacious bedrooms and 1 bath, projected at $800 to $900/month after updates. The middle unit, also a spacious 2 bedroom, 1 bath, is currently rented at $800/month on a month-to-month lease. The vacant third-floor unit is a 1 bedroom, 1 bath, projected at $650 to $700/month after updates. Both vacant units need some work, which is reflected in the price, making this the perfect setup for an investor looking to force appreciation. Once stabilized, projected gross rents come in...read more