Triplex consisting of a single family home with two bedrooms/two bathrooms plus a duplex with two one bedroom/one bath units. This property stays rented on yearly leases. Total income yearly is $29,220 or $2,435 monthly. Expenses are tax -$2,320, Insurance $2100, water $840, lawn care $1200 both yearly. Total income $29,220 minus total expenses $6,460 - $22,760 net.The property is well-maintained by a professional management company that can be retained if needed. Tenants pay electric/Trash and it stays 100% occupied on 12 month leases.. Both buildings have metal roofs. There is a laundry room and a large multiple car carport on the back of the property which is rented out at $35 per month. The single family home has a carport as well. See photos. There are NO tenants getting government assistance on rent and there are NO tenants behind on rent.
House rented at $1,000 lease end date 4/2021
A. 1/1 - rents for $600 lease end date 4/2022
B 1/1 - rents for $600 lease end date 6/2022
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