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Property Description
Turn key triplex. Currently fully rented but will be delivered with rear unit vacant. All 3 units are 1+1. The front and middle units are rented for $1100/month and the rear unit that will be delivered vacant is rented at $1000. Rents are under market and should be $1250 each unit. All three units each have a private 1 car detached garage and there is other off street parking (1 spot rented for $50/mo and another rented for $40/mo). Upgrades over the last 3 years include roof, windows, paint, copper plumbing, beautiful laminate floors, kitchen cabinets and counters, upgraded bathrooms and driveway/hardscape. Yard is super low maintenance and a gardener is not required. Concrete driveway with extra off street parking. Each unit has a semi private backyard as well. Similar property 2 doors down on same size lot was leveled and now has 5+ units in the last few years. Expansion is possible, check with city. Lots of possibilities, live in one and rent the others, keep as is and enjoy the income or add more units. PLEASE DO NOT BOTHER TENANTS. THEY ARE NOT AWARE OF THE SALE. Buyer to cooperate, at no cost to buyer in sellers 1031 exchange.
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