CASH FLOWING TRIPLEX IN THE FAIRMOUNT AREA/ NORFOLK VA

[Patrick Phillips]

Fairmount area of Norfolk VA 23509, repairs are minimum 25k,there are currently 2(2) bedrooms and 1(3)bedroom. Current rent is $600 2 Bed rooms and $700 for the 3 bed rooms, rent can be raised to as much as $850 for 2 bed rooms and $1000 for 3 bed rooms based on fair market value for rent within a .5 mile radius. $2,500/month(a conservative expectation rent rate for all three units). Taxes:$1,700,Insurance:$100/month, Garbage:$70/month tenants pay all utilities. All units are currently occupied with tenants so only exterior photos are available,Let me know if you're interested. Asking price 155k