Courtesy of: Shay Sharaby, RE/MAX Main Street, vivcapitalgroup@gmail.com
Courtesy of: Shay Sharaby, RE/MAX Main Street, vivcapitalgroup@gmail.com
$209,000
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Lot: 0.27 Acres
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Other
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$209,000
1567 Karr Street Prime investment opportunity: Fully occupied turnkey triplex, with great tenants! perfect for new investors or portfolio expansion. Boasts an impressive 9.88% capitalization rate ensuring a lucrative and hassle-free investment . Two units were completely renovated, with added washer and dryer. Unit breakdown: Unit 1: Currently rents at $500 with substantial potential for upside and rent increase. Unit 2: A fully renovated 1BR & 1Bath, currently rented at $800. Unit 3: Another fully renovated 1BR & 1Bath, commanding a rent of $750.Key features include a relatively new roof (5-6 years old), recently installed gutters, and new water heaters. The property is furnace-free, minimizing maintenance concerns. Very low overhead, Owner bears only water and trash. Do not miss this opportunity.
Courtesy of: Shay Sharaby, RE/MAX Main Street, vivcapitalgroup@gmail.com
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