$195,000
Investment Opportunity - Income-Producing Triplex w/ Owner Financing One Seller is a Licensed RealtorTriplex with three 2 bed, 2 bath units, approx. 900 sq ft each. Two units are rented at $750/month; one is vacant. Two units need updates, and the third requires repairs. Projected market rents are… Read More $1,100/unit, offering $3,300/month and $39,600/year in potential income. Estimated NOI is $27,720. Income-based ARV at an 8% cap rate is approx. $346,500. Owner financing available at $275,000 with $100,000 down, 20-year term, 0% interest. A cash offer based on 70% of ARV minus $70,000 in repairs will be considered. Ideal for investors or owner-occupants seeking rental income or a house hack. Seller is motivated and open to creative terms. Read Less
Courtesy of Keller Williams Key ,
Listing Snapshot
Days Online
16
Last Updated
Property Type
Residential Income
Beds
6
Square Ft.
900
Lot Size
0.3 Acres
Year Built
2006
MLS Number
25021326
30 Days Snapshot Of 29115
$185k
-18%
(avg) sold price
20
+300%
homes sold
180
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2006, Construction materials: "Brick", Other structures: "Yes"
Lot
0.3 acres, 13,068 square feet, Area: 0.3
Parking
"Other"
Roof
"Asphalt"
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Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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