Fully updated, cash-flowing triplex generating $3,395 in gross monthly rent. All major systems have been updated within the last 5 years. Brand new metal roof(2023). The property is on well water, professionally tested every 3 months, keeping utility costs low. No major renovations needed, offering a simple, low-maintenance investment with consistent rental income from day one. This property is in a high demand location and the perfect cashflow unit to add to your portfolio. A net income of $33,000 a year(general expenses for a new owner) at this price point is perfect for any new or seasoned investor seeking to grow their portfolio.
Financial Considerations
Price:
$349,999
HOA Fee:
N/A
Tax Amount:
$3458.53
Price per SqFt:
$220.96
Tax Legal Description:
SANHEATH PB 39 PG 50 BLK B LOT 19 BEG AT SE COR RUN S 88 DEG 33 MINS W 181.16 FT N 1 DEG 47 MINS W 226 FT TO POB N 1 DEG 47 MINS W 152 FT S 88 DEG 33 MINS W 100 FT S 1 DEG 47 MINS E 152 FT N 88 DEG 33 MINS E 100 FT TO POB