Read to be the landlord? This is your perfect opportunity to own a home and have two tenants pay your mortgage! Well maintained Triplex is the Maplewood Neighborhood. This great property is perfect for an owner-occupied buyer looking for a tenant to pay the mortgage or an investor looking for easy mailbox money! The home is in good condition, features a 3-bedroom apartment and two 1-bedroom apartments with separate utilities, washer, and dryer hook-ups, 12-15yr old roof, and hardwood floors. Home currently has awesome Long-term month-to-month tenants, because of this current owner has not raised rents to where they should be. Market rents for these apartments are $625, 650, and $1050 and are shown in the listing advertisement. Current rents are 465, 480, 700. Property has a great cap rate currently at 9.8 and an OUTSTANDING Cap Rate 15.2 with rental increase. Other Adjacent properties can be included in the sale and are listed separately. 420 Birr R1440270 and 426 Birr R1440271. There is also a large parking lot behind the building that can be included in the sale.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
