Property Type: Multi-Unit
Sq Ft: 2426
Triplex for sale! Each is a 2/1 unit with central air. Nuilding has own separate laundry room with washer/dryer which you can convert to coins/cash to generate an additional $100-$150 per month in revenue. Currently rented for $1100 but all tenants being relocated to rehab and re-rent. Current Cap Rate is 10.27%. Market rent is for $1200 p/mo per unit but even If you raise rent just $50 per month, you see a 11.81% cap rate, unheard of these days in S. Florida for such a nice property and good area.