Prime multi-family investment package featuring two side-by-side triplexes (1217 & 1219 Kimbrough) sold together as a single six-unit residential income portfolio. Each unit has separate legal description and could be divided later. This turnkey asset offers an ideal hybrid income model, currently operating with four units on long-term leases for… Read More steady baseline cash flow and two units running as short-term rentals for maximized revenue. The two short-term rental units come fully furnished, offering a seamless plug-and-play transition for the incoming investor. Every unit features its own dedicated storage closet and two allocated parking spaces, providing exceptional convenience for tenants. The property also boasts a fully fenced shared backyard, perfect for pet-friendly appeal, along with a shared water meter setup per building. Exceptional flexibility and immediate cash flow make this six-unit portfolio a standout addition to any real estate investment strategy. Read Less
Courtesy of Panther City Real Estate, Lauren Taylor.
Listing Snapshot
Days Online
63
Last Updated
Property Type
Triplex
Beds
12
Full Baths
6
Lot Size
0.21 Acres
Year Built
1985
MLS Number
21342304
Additional Details
Appliances & Equipment
Dishwasher, ElectricRange, Disposal, Refrigerator
Building
Built in 1985, Year Built Details: Preowned, 2 buildings, Levels: One, Construction Materials: Brick
Cooling
CentralAir, CeilingFans, Electric
Disclosures
OwnerIsListingAgent
Expenses
Insurance: $3,414
Exterior Features
Patio/Porch Features: FrontPorch
Floors
LuxuryVinylPlank
Foundation
Slab
Heating
Central, Electric
Income
Gross Income: $106,020, Net Operating Income: $89,910
