Photo 1 of 1
$229,000
Sold on 12/21/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
2,289 |
$2,320 |
1990 |
On the market:
120 days
|
View full details, 15 photos, school info, and price history
Triplex consisting of a single family home with two bedrooms/two bathrooms plus a duplex with two one bedroom/one bath units. This property stays rented on yearly leases. Total income yearly is $29,220 or $2,435 monthly. Expenses are tax -$2,320, Insurance $2100, water $840, lawn care $1200 both yearly. Total income $29,220 minus total expenses $6,460 - $22,760 net.The property is well-maintained by a professional management company that can be retained if needed. Tenants pay electric/Trash and it stays 100% occupied on 12 month leases.. Both buildings have metal roofs. There is a laundry room and a large multiple car carport on the back of the property which is rented out at $35 per month. The single family home has a carport as well. See photos. There are NO tenants getting government assistance on rent and there are NO tenants behind on rent.
House rented at $1,000 lease end date 4/2021
A. 1/1 - rents for $600 lease end date 4/2022
B 1/1 - rents for $600 lease end date 6/2022
Listing courtesy of Alex P Williams, Sr, DALTON WADE INC