Historic Triplex - Coming Soon 17% Cap Rate

[Christian Palmer]

Beautiful Historic Triplex near Greenway. Less than 10 minutes to UNC - Greensboro. Fantastic investment opportunity for a great rental property in the heart of the city!

NO REPAIRS NEEDED! 

Condition of the house is fantastic:

Roof - 6 months old

Siding - Vinyl siding recently replaced

Chimney - new cleanout and furnace very recently replaced

Back Porch - Added just a few years ago

Originally built 1930 - in historic district with architectural integrity well preserved

Previously has been rented to family and friends of seller, rents will justify $650/month for Units A & C (1 bed/1bath units) and $750 for Unit B (2 bed/1bath unit)

Water for entire house typically costs owner $35-$40/month Electricity = Under $100/month 

Both A & C (the downstairs units) are currently vacant as work has been getting done on it, so these will be the rooms available for tour as soon as a lockbox is put on the property. 

**Come bring an offer, highest offer wins. Comps around the corner recently sold for $160K**

Humble Investments LLC

**For more off market inventory sign up on my website**

www.hillcmw.com

[email protected]