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Updated over 1 year ago on . Most recent reply
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Turnkey Tri-Plex (2/1) located in Columbus, OH - Professional Management in-place
I purchased this tri-plex property as a BRRRR in March 2021, completed the renovations on all 3 unit interiors as well as the exterior in August 2021, completed the refinance in October 2021, and have been cash-flowing this property since. Rents are currently $850/month for the middle unit, and the two end units are vacant and ready to be rented. All units are separately metered for water/sewer by a submetering company, and tenants pay for the gas and electric as well. Offstreet parking assigned to each unit. Gross income in 2022 was $25,610. Perfect investment for a remote investor looking for a cashflowing property with appreciation potential (see $20Billion Intel and $7.8Billion Amazon Web Services investment press-releases) and I am now wanting to diversify my portfolio by investing in mid-term rentals for traveling nurses and short-term vacation rentals, so I am willing to part with this property.