Description
Incredible opportunity to own three (3) Smyrna rental units on 1 property with PGI of $56,400! Triplex was rehabbed from the studs in 2016 (including roof & HVAC). All units are spacious and include laminate wood floors, refrigerator, range, dishwasher, and is on a full height basement. The units are fully leased for $800, $850, and $850 per month, respectively. SFR is a fully leased 2/1 that was completely renovated from the studs in 2017 (including roof & HVAC). Laminate wood flooring throughout with tile in bathroom. Great tenant pays $1,000 per month. Great tenant pays $1,000 per month. The property also includes a 4 bed/2 bath, 2-story residence that is not presently leased and requires repairs. The estimated monthly rent after repairs of $1,200. The total Potential Gross Income for the entire property is $56,400. Excellent NOI as rents are at the high end of the range for this area. DO NOT DISTURB TENANTS! No sign, no lockbox. Inspection during due diligence only.
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4BEDS
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0.3ACRES
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4BATHS
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01/2 BATHS
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6,440SQFT
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$85$/SQFT
School Information
Description
Incredible opportunity to own three (3) Smyrna rental units on 1 property with PGI of $56,400! Triplex was rehabbed from the studs in 2016 (including roof & HVAC). All units are spacious and include laminate wood floors, refrigerator, range, dishwasher, and is on a full height basement. The units are fully leased for $800, $850, and $850 per month, respectively. SFR is a fully leased 2/1 that was completely renovated from the studs in 2017 (including roof & HVAC). Laminate wood flooring throughout with tile in bathroom. Great tenant pays $1,000 per month. Great tenant pays $1,000 per month. The property also includes a 4 bed/2 bath, 2-story residence that is not presently leased and requires repairs. The estimated monthly rent after repairs of $1,200. The total Potential Gross Income for the entire property is $56,400. Excellent NOI as rents are at the high end of the range for this area. DO NOT DISTURB TENANTS! No sign, no lockbox. Inspection during due diligence only.
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