$585,000

This tenant-occupied triplex features three separate apartment units. Unit 1: Approximately 500 square feet with 1 bedroom and 1 full bathroom. Current rent is $845/month. Unit 2: Approximately 500 square feet with 1 bedroom and 1 full bathroom. Current rent is $850/month. Unit 3: Approximately 850 square feet on the second floor with 1 bedroom and 1 full bathroom. This upper-level unit features central air conditioning and a bathroom with a jetted tub and separate shower. Current rent is $1,100/month. The property also features rain gutters, landscaped and level grounds, front and back yards, and underground sprinklers. Centrally located with convenient access to the university, the property offers a location that is ideal for residents and is just a short bike ride from campus. With approximately 1,850 square feet of total living space, this property offers three distinct units and strong income-producing potential. All three units are currently occupied by tenants with leases in place through May 2027, after which the leases will transition to month-to-month.