INVESTMENT OPPORTUNITY IN MERIDIAN, TEXAS! FULLY OCCUPIED TRIPLEX WITH IMMEDIATE RENTAL INCOME! Whether you're an experienced investor looking to expand your portfolio or purchasing your first income-producing property, this triplex offers an excellent opportunity to generate rental income from day one! Featuring three separate units with approximately 2,400 square feet… Read More of combined living space, the property includes one spacious 1,200-square-foot unit and two additional 600-square-foot units. All three units are currently occupied, offering established rental income with potential for future growth. Recent improvements include a metal roof installed approximately four years ago and a new central air conditioning system in the downstairs unit. Built in 1999 according to county tax records, this property offers the convenience of having tenants already in place. Located in Meridian, Texas, this property presents an opportunity to invest in a multi-unit rental property with existing occupancy and long-term income potential. Whether you're looking to diversify your investments, expand your rental portfolio, or begin building wealth through real estate, this property is worth a look. THREE UNITS, EXISTING TENANTS, AND INVESTMENT POTENTIAL! Don't miss this opportunity to own an income-producing property in Meridian! Read Less
Courtesy of White Label Realty Carrie Millea 254-870-4044.
Data source: NTREIS
Listing Snapshot
Days Online
2
Last Updated
Property Type
Triplex
Beds
3
Full Baths
4
Square Ft.
2,400
Lot Size
0.19 Acres
Year Built
1999
MLS Number
21430626
Additional Details
Building
Built in 1999, Year Built Details: Preowned, 1 building, Levels: Two
Cooling
CentralAir, Electric
Foundation
Slab
Heating
Central, Electric
Income
Gross Income: $30,000, Net Operating Income: $30,000