Thursday, March 15, 2012

ANNEX TRIPLEX - SOLD

I acted as the purchasing agent on this deal.  This home is a perfect example of an income producing property. This triplex is fully occupied with AAA tenants, kept in excellent condition by the landlord and tenants, and required no renovations or improvements. The cost of owner occupiable, 3 unit homes starts at around 175k/per door and can easily go up to 400k/per door depending on area, upgrades, and square footage.