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Updated over 9 years ago,
Tri-Plex
Looking to value a tri-plex I am interested in for the purpose of placing an offer. The triplex is in the 12th South area of Nashville, an area heavily gentrifying. Three one bedroom units totaling 1600 square feet on a sixth of an acre. No central air. Kept up for the most part, but not updated at all. The property is very different from other recently sold or rented properties specifically because it has not been updated.
Anyone familiar with the Nashville area/market:
Thoughts on what the units would rent for? Thoughts on the value of the property?