Riverside Real Estate Investments

Yearly Net Income to Owner: $27,201 | Triplex for Sale | Standard Sale

 

 No Leases in Place | Yearly Income: $27,201

Units Remodeled | Terminix Certified

Listing Agent: Thomas Simon 909-248-4804 – thomas@thomassimon.com

6 Cap Triplex for Sale – - Download Pro Forma

Financing Available: Interest Rates NOO 30 Year Fixed Approximately 5.4 @ 30% Down

Drive By Only, Do Not Disturb Tenants

• Well maintained triplex near K-12 schools in Riverside, CA, 
• Units A and C have recently been remodeled with new tile, stoves, sinks and new carpet.
• 3 individual and secure garages, one for each unit.
• Additional parking space accessible through driveway.
• No leases in place.

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Drive By Only, Do Not Disturb Tenants

• Lot Size: 7,841 sqft
• Unit A Scheduled Rent:$13,800/yr (1100 sqft)  2 bedroom/2 bath
• Unit B Scheduled Rent: $11,520/yr  (830 sqft) 2 bedroom/1 bath
• Unit C Scheduled Rent: $12,000/yr (830 sqft) 2 bedroom/1 bath
• GSI: $37,320
• Property Taxes: $2,300/yr | Gardner: 1,680/yr | Water and Trash: 1,200/yr | Insurance: $2000/yr
• Vacancy Reserves: 5%
• Maintenance: 5%
• NOI: $27,201 
• Cap Rate: 6%
• GRM: 12

Price: $450,000

**BUYERS TO SATISFY THEMSELVES REGARDING ALL ASPECTS OF THIS PROPERTY**  **DATA INDEPENDANTLY VERIFIED, HOWEVER BUYER TO PERFORM THEIR OWN DUE DILLAGENCE**