Future Home Realty Inc
Listed by Future Home Realty Inc
$849,000
2747 Griffin Road # 3 #1-3
Details
APN 504229140070
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,246
Units 3
NOI $60,000
Year Built 1976
Zoning 08 - Multi-fami
Multifamily | 3 Units
Marketing description
Prime triplex for sale on high-demand Griffin Rd, where new vertical development continues to drive strong rental demand and appreciation. Vacancy is rarely an issue. Units are: 2 bedroom 2 bath, 1 bedroom 1 bath, and 1 bedroom 1 bath. All three units generate approx. $7,200/month with annual expenses around $26,000, delivering a near 7% cap rate. Impact windows and doors throughout, central AC systems 7-8 years old. Includes a separate parcel (Folio 504229140062) for a combined approx. 9,300 SF lot. Located in a major opportunity zone with strong upside potential. Won't last.
Listing Contacts
Future Home Realty Inc
Listed by Future Home Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo
Valuation Metrics
0
DSCR
7.07%
Cap Rate
7.07%
ROI
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