Check out this fantastic 15-unit real estate investment opportunity, featuring a triplex, duplex, six-plex, and 4 single-family homes. Most units offer two bedrooms and one bath, with one house boasting three bedrooms, and one unit in the triplex offering one bedroom and one bath. The current monthly rent roll is $8,135, with two units currently vacant. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb to nearly 12%. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment!
Electricity Connected, Natural Gas Available, Water Connected
Forced Air, Baseboard, Natural Gas, Other
Aluminum Siding, Stucco, Vinyl Siding
Copyright © 2024, West Central Association of REALTORS®MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified.
Listing information last updated on December 21st, 2024 at 9:45am EST.