This well maintained conversion triplex offers a fantastic investment opportunity with a monthly rental income of $2,475. Possibility of getting to $2600. The property features three distinct units, each with private entrances that maximize space and comfort. Each unit includes functional kitchen spaces, cozy living areas, and full bathrooms, making them highly attractive to tenants. Located in the near south neighborhood close to transit and schools, this triplex benefits from steady tenant demand. All current tenants are on a one year lease. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, foundation work with a 25 year transferable warranty, flooring, etc. Seller had a full inspection in 2021 and addressed all issues. This property is designed for effortless ownership and reliable cash flow. Whether you’re a seasoned investor or just starting, this triplex offers a strong return on investment with room to grow in the future.
Cooling | Central Air |
Fireplaces | n/a |
Other Features | n/a |
Heating | Forced Air |
Appliances | Dryer, Range - Cooktop + Oven, Refrigerator, Washer |
Roof | n/a |
Exterior | n/a |
Other Features | n/a |
Garage Type | None |
Garage Spaces | n/a |
This is not a commitment to lend. Not all borrowers will qualify. This is for illustrative purposes only and estimates are based on information you provided. Interest rates, mortgage insurance rates, and programs are subject to credit approval and available rates and terms will vary, sometimes drastically, based on borrower eligibility and program selected. For accurate interest rates and mortgage insurance rates please contact your mortgage consultant. For illustrative purposes FHA/VA and USDA loan amounts will include an estimate for the financed upfront MI amount.
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