*** ********* ***, ********, MS
10.91% return
SP:
Video Photos Street View Map
The slide show is now full screen. Push Escape to exit. You can use the left/right arrows and Home/End buttons to navigate the images.
Slideshow image 1
Slideshow image 2
Slideshow image 3
Slideshow image 4
Slideshow image 5

Property Description

Awesome triplexes!!!

Built in 2002. Fully occupied with potential to increase rents. Good condition. Separate electric meters, city water and sewer. Central heat & air in every unit. Nice area. 

Do not miss out on these!

Property Information

  • Listing statusSold
  • Property typeMulti Family (2 properties)
  • Total units6
  • Total bedrooms12
  • Total bathrooms6
  • Building size5040 sq. ft.
  • Lot size0.6 acres
  • Year built2002
  • County******** County
  • Subdivision********** *********
  • ConstructionCBS
  • RoofShingle
  • Water sourceCity water
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Sale price $240,000
  • Estimated rehab 1 $0
  • Total investment $240,000
  • Type Proforma
  • Gross income (annually) $43,200
  • Operating expenses (annually) $17,019
  • Net income (annually) $26,181
  • Gross return 18.00%
  • Gross income (monthly) $3,600
  • Operating expenses (monthly) $1,418
  • Net income (monthly) $2,182
  • Net return 10.91%

Property Income & Expenses

  • Income
  • *** ********* ***, Building #3528
  • Unit A: 2 bed / 1 bath $600/month $7,200/year
  • Unit B: 2 bed / 1 bath $600/month $7,200/year
  • Unit C: 2 bed / 1 bath $600/month $7,200/year
  • *** ********* ***, Building #3530
  • Unit A: 2 bed / 1 bath $600/month $7,200/year
  • Unit B: 2 bed / 1 bath $600/month $7,200/year
  • Unit C: 2 bed / 1 bath $600/month $7,200/year
  • Total $3,600/month $43,200/year
  • Expenses
  • Water and Sewer $350/month $4,200/year
  • Property Taxes $278/month $3,339/year
  • Electric bill $50/month $600/year
  • Maintenance reserve $292/month $3,500/year
  • Waste Collection $240/month $2,880/year
  • Insurance $208/month $2,500/year
  • Total $1,418/month $17,019/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

Unlock address

This is a premium off-market property. In order to unlock the address, you will need to sign a non-disclosure agreement. Please sign up or sign in into your account to get started.

Sign In Sign Up

Property Tools

 Print
Copyright by Real Pro, Inc 2021 . All Rights Reserved.