Active

$480,000

Features:
  • 6 Bedrooms
  • 3 Bathrooms
  • 2407 sq ft
Overview
  • ID: MFRTB8311902
  • Bedrooms: 6
  • Bathrooms: 3
  • Size: 2407 sq ft
Property Details
Remarks
Welcome to this fully occupied triplex, an excellent investment opportunity in a desirable location! This property features three spacious units, each offering 2 bedrooms and 1 bathroom, and generates impressive rental income. Currently grossing $1,400 per unit, this triplex provides a total monthly income of $4,200, making it a fantastic option for investors looking to add a profitable asset to their portfolio. Each unit boasts a comfortable and functional layout, with two well-sized bedrooms, a full bathroom, a cozy living area, and an efficient kitchen. The property has been carefully maintained, with recent upgrades to both the roof and the staircase, ensuring durability and safety for years to come. With these improvements, future maintenance costs are minimized, allowing for a smoother investment experience. This property has long-term tenants in place, each paying $1,400 per month. With a steady gross income, this triplex offers reliable cash flow, making it ideal for both seasoned investors and those new to property ownership. The tenants take pride in their units, maintaining clean and comfortable living spaces that contribute to the property's overall appeal. The property includes a newly installed roof and staircase, providing enhanced curb appeal and increased value. The well-kept grounds offer a welcoming atmosphere, with ample outdoor space that tenants can enjoy. Located in a growing neighborhood, this triplex is close to local amenities, shopping, dining, and public transportation, attracting tenants who appreciate convenience and accessibility. With rental demand consistently high in this area, there is room for potential rent increases, allowing you to maximize your return on investment. Whether you’re looking to diversify your portfolio or expand your existing real estate holdings, this triplex offers a solid foundation for growth. Additionally, the recent improvements add value and decrease the likelihood of major repairs in the foreseeable future. Don't Miss Out! This triplex is a prime opportunity for investors looking to acquire a property with immediate income potential, low maintenance needs, and significant upside. Schedule your showing today to see how this triplex can fit into your investment goals. Don't miss out on this chance to own a turn-key income-producing property in a thriving community!
Financial Considerations
Price:
$480,000
HOA Fee:
N/A
Tax Amount:
$5318.38
Price per SqFt:
$199.42
Tax Legal Description:
SULPHUR SPRINGS ADDITION S 12.50 FT OF LOT 12 AND LOT 13 BLOCK 13
Exterior Features
Lot Size:
5985
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dryer, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Carpet, Tile
Levels:
Two
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
1981
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    8414 N 9TH ST
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