Fully Leased At Market Rents $11,900 Gross Monthly Income 4.5 Cap Rate
1251 Muirfield Ave | $2,395,000
This newly renovated Triplex in the Mid-City area presents an outstanding opportunity for investor or owner/user. The handsome building reveals 3 spacious units with high ceilings and new window. ALL UNITS HAVE BEEN UPDATED AND ARE LEASED AT MARKET RENTS. Residence One: a 2-level townhouse with 4 bedrooms 2 baths, open-concept plan with approximately 2,000 square feet living space plus a bonus finished attic.LEASE FOR $5500 Residence Two: 2bd/1ba lower apartment with 980 SF LEASED $3490 Residence 3: Upper 3bd/2 ba upper unit with 1100 SF.LEASED $2950 Every residence is highly upgraded and boasts separate private entrances, hardwood floors, stainless steel appliances, high-end washer, and dryer sets, new windows and new showers and tubs. paneled doors, built-in cabinetry, and separately metered gas and electric. Fully gated with beautiful new fencing and lighting, the property offers 6 secure parking spaces, including 2 tandem spots in the garage for each unit.
|NOI after expense||109,525.00|