Triplex for Sale – $380,000 – Cash-Flowing Investment Property! $7,500 Buyer Agent Incentive!
Looking for a cash-flowing investment or a perfect house-hacking opportunity? This turnkey triplex offers three income-generating units and incredible potential for investors or owner-occupants alike. With two units already rented and the third ready for premium rental income, this property is a must-see!
Why This Property Stands Out:
Immediate Cash Flow:
Unit 1: $1,050/month (current rental income).
Unit 2: $850/month (rented below market; potential $1,050/month).
Unit 3: Premium rental potential of $1,995/month with utilities included.
Total Potential Monthly Income: $4,095.
Annual Income Potential: $49,140.
Spacious Layouts: Each unit is approximately 600 square feet, offering comfortable living spaces for tenants or owner-occupants.
Prime Location: Situated in a quiet neighborhood close to schools, shopping, and public transportation, making it appealing to tenants.
Turnkey Investment: Two units are already rented to great tenants, ensuring immediate cash flow.
Covered Parking: Adds convenience for tenants and enhances property value.
Important Note About Zillow Valuation:
Zillow’s Zestimate only reflects the value of the main house and does not account for the two additional ADUs, each 600 square feet, that generate substantial rental income. This property is a true triplex with unparalleled cash flow and investment potential.
Flexible Financing Options:
FHA Financing (3.5% Down): Perfect for owner-occupants looking to house hack.
Estimated monthly payment (FHA): $3,582 (includes principal, interest, taxes, insurance, and FHA MIP).
Live in one unit: Offset costs by renting the other two, reducing your net monthly expense to just $1,682.
Conventional Financing (20% Down):
Down payment: $76,000.
Estimated monthly payment (20% down at 10.99%): $2,893 (excluding taxes and insurance).
Whether you're a seasoned investor, first-time landlord, or looking for the perfect house-hacking opportunity, this triplex delivers incredible value and cash flow. Don't miss this chance to own a turnkey property with unmatched income potential. Contact us today for more details or to schedule a showing!
