Hamilton - Gibson
Listed For $649,999
Get Pre-approvedTerminated Sep 2024
Cash Flow Goldmine in Gibson/Stipley! Projected Income of $81,000 with Unheard-of Cap Rate. Dont Miss This Legal Fully vacant triplex is an absolute standout, offering unique potential to have your mortgage paid for you. Whether youre an investor or homeowner looking to live in one unit while renting the others, the potential is undeniable. With projected annual rent of approx. $81,000 and estimated expenses of around $6,800, this property could deliver a potential Net Operating Income (NOI) of $74,200, offering unheard-of returns with double-digit cap rate. Each of the three fully renovated units boasts nearly 1,000 sq. ft. of living space, in-suite laundry, modern kitchens w/new flring, upgraded plumbing, electrical wiring, fully renovated bathrms, and all appliances. Recent waterproofin
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* Values are estimates only and not a guarantee of lending or affordability.
