The 1st Steps Toward Home Ownership These are steps anyone can start on today. First get your credit report and see what's there. Then work on getting your debt down. Then start saving
Off Market Triplex 6% CAP rate - Over $60K Rent - Room to Increase Profits!
Dated: October 24 2021
Awesome triplex below along with a link to a video. I viewed it today and was impressed. The owner has put a lot of work into it and it shows. Owner is looking to sell around 1M. Rent roll totals $60,600 which puts it at a 6% CAP rate.
Units share a common area backyard. Main house roof replaced 2019 (galvanized aluminum.) Brand new roof on all buildings.
SEE VIDEO HERE:
RESTORED HISTORICAL HOME
UNIT A - approx 1,000 square ft. 2 bed 2 bath (with Owner Suite) fully renovated October 2020 with new Electrical new plumbing . This is the downstairs of the main house. Currently rented for $2000 per month, Lease expires May of 2023.
UNIT B approx 800 square ft. 2 bed 1 bath. Unit has new flooring, new tankless water heater, and new ductwork. This unit has a long term tenant in place. Currently rented for $1300 a month. Lease expires Aug of 2022.
UNIT C approx 650 square st. Fully remodeled spring 2021 with new electrical and plumbing. 2 bed 1 bath. Currently rented for $1750 a month. Lease expires March of 2022.
Smith and Grant Real estate can save you time and money on your next move! Hi there, My name is Michael Smith, the Broker at Smith and Grant Real Estate. If you're looking to buy a home in the Char....
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