This is a legal, licensed triplex featuring (3) 1 bedroom/1 bathroom apartments, each with it’s own utilities.
The 2nd and 3rd floor have been updated and freshly painted. The first floor tenant has been a long term lease. The first floor tenant is now on a month to month lease and willing to move out once a new owner is found. Then the apartment can be updated and rent increased significantly.
1st floor tenant currently pays $775 month rent. After updating apartment should be able to increase the rent to at least $1000.
2nd floor tenant currently pays $900 and 3rd floor pays $875.
All units have a separate forced hot air heater, hot water heater and electric panel.
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