Description

Ideal investment opportunity. 100% occupied. TriPlex Three 2-bedroom 1-bath units for a total of six bedrooms and three bathrooms under one roof. Leases in place for all three units. Westerly most unit recently completely remodeled with granite countertops. Recently purchased new refrigerators and stoves in all units. Each unit has two dedicated off-street parking spaces. Total gross rents: $1850/month ($22,200 annually) 7% Cap Rate 72 hours notice to show interior of apartment units. Only cash or cash equivalent contract considered. No contingencies for financing. Owner is a licensed real estate broker in the state of Alabama. Owner is acting as listing agent.

Property Highlights