JONES ROAD TRIPLEX!

A great investment awaits!

Fully remodeled triplex has completed its renovation.  This is an owner-finance opportunity with favorable terms.

$381,000.  30-year amortization with five-year balloon.  Five percent down.  Monthly payments of $2495.  Seven percent interest.  Buyer pays taxes and insurance.

Two of the three units are currently leased until April 2025.  Owner occupies the larger third unit, which has three bedrooms and one bath.  Owner will be moving.  The two leased units rent for $1100 each, and have one bedroom and one bathroom each.  The larger of the three units is projected to bring in $1800 per month for a total approximate monthly income of $4000 for an annualized gross income of $48,000.

The renovation includes new siding on the exterior and fresh paint inside.  Laminate flooring throughout.  Granite counter tops in the kitchen.  Bathrooms new or remodeled.  Two off-street parking spaces available per unit.

This is an excellent opportunity to step into real estate investing with minimal effort or renovations.

Contact:

Vic York

vicyork@leasingtobuy.com

(713) 447-1133