Description
Rare opportunity! Cash flowing all brick tri-plex with value add potential! Gross 7% cap rate. Unit numbers are 464, 466 and 468 Circle Drive. All units feature separate electrical and water meters, washer and dryers, and all three units feature separate full basements for storage and expansion potential with 1 car rear entry garages! Units are very well maintained with tons of recent improvements including a new roof, new electrical, new ac units, new garage doors, and more! Rents are below market with established tenants on month-to-month leases. Market rent $800-$950 per unit. Detailed expenses available. No sign in the yard. Do NOT disturb tenants.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,700SQFT
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$206$/SQFT
School Information
Description
Rare opportunity! Cash flowing all brick tri-plex with value add potential! Gross 7% cap rate. Unit numbers are 464, 466 and 468 Circle Drive. All units feature separate electrical and water meters, washer and dryers, and all three units feature separate full basements for storage and expansion potential with 1 car rear entry garages! Units are very well maintained with tons of recent improvements including a new roof, new electrical, new ac units, new garage doors, and more! Rents are below market with established tenants on month-to-month leases. Market rent $800-$950 per unit. Detailed expenses available. No sign in the yard. Do NOT disturb tenants.
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Offered by Zeitlin Sotheby's International Realty: 6154916737.
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