Property Description

Value-Add Triplex Opportunity | Strong Income Potential Excellent opportunity to acquire a three-unit property consisting of two separate buildings with significant upside potential. The first building features two spacious units: One 3-bedroom, 1-bath unit & One 3-bedroom, 2-bath unit. The second building offers a 1-bedroom, 1-bath unit, which is already rent-ready and positioned to generate immediate income. The remaining two units are in the final stages of renovation and present a prime value-add opportunity. Renovation items left to complete include: HVAC installation, Electrical completion in one unit, and other finish work Estimated remaining renovation cost is approximately $15,000, making this an attractive light-finish project. Once completed, the property has the potential to generate approximately $3,600 per month in gross rental income, with an estimated after-repair value (ARV) of $345,000 or more. Whether you're looking to expand your rental portfolio or secure a high-upside multifamily investment, this property offers strong cash flow potential and equity growth. Sold as-is.

Property Features

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