Attention Investors! INCOME PRODUCING PROPERTY! Here is a great investment opportunity to add to your portfolio! This spacious triplex is fully rented and gross annual income is $31,500! Tenants pay their own electric. Owner pays the water. Property is registered and in compliance with both the city and state. Lead inspected and lead certs provided!
Here's a breakdown of the property: Unit #1: 3 bedrooms/1 full bath, Unit #2: 4 bedrooms/1 full bath,
Unit #3: 5 bedrooms/1 full bath. The 3rd floor apartment offers awe-inspiring city views!
The property features a large front porch and a second-floor porch, although the latter is currently closed off. These spaces provide additional appeal to potential tenants.
Recent upgrades include the installation of 66 new windows throughout the triplex, enhancing energy efficiency and aesthetics. Each unit has its own tankless hot water heater, contributing to tenant comfort and convenience. The electrical system has also been updated to meet modern standards.
This property is conveniently located close to shopping centers, Interstate 68 (I-68), restaurants, and medical facilities. It offers both on-street parking and rear parking for one car, adding to tenant convenience. The interior of the property boasts impressive woodwork and spacious room sizes, making it stand out among other rental properties in the area. Stoves and refrigerators are included in each unit, making it easier for tenants to move in and get settled.
This triplex represents an excellent investment opportunity with its fully rented units, recent upgrades, and prime location. NO SHOWINGS UNTIL UNDER CONTRACT AND/OR PENDING A HOME INSPECTION.
Don't miss out on this opportunity! Seller will entertain a package deal with the following properties:
ALMD2007678, ALMD2006876, ALMD2006828, MDAL2006544, MDAL2006636 (ALL ARE RENTED)