This is a nice roomy triplex inside and out. On the inside, large rooms as well as plenty of square footage will keep tenant demand high and always rented. Further, lots of room on the outside with each of the three units having large private back yards. What makes this investment really stand out are the returns. Tenants are currently paying well below market rents but on a month to month bases. On actual income, this investment boasts an 8.29 Gross Rent Multiplier, a 7.69% cap rate, and a 13.32% cash on cash return. And on market rents, this investment boasts a stunning 7.06 Gross Rent Multiplier, a 9.69% cap rate, and a 21.34 Cash on Cash Return!!! Please see attachments for great details.

Conveniently located next to shopping and schools. The neighborhood and block consist mainly of single family residences that have been bought and fixed up very nicely in the last few years. Also, this property has a huge double size lot.