UPDATED Triplex in Kingman, AZ
3 Units | Updated Interior & Exterior
Marketing description
Rare opportunity to acquire a well-located triplex in Kingman, AZ with immediate income and upside potential. The property features three 2-bedroom, 1-bathroom units, each approximately 700 square feet, with private fenced backyards, storage space, range/oven, refrigerator, and separate electric and gas meters to help reduce owner expenses.
Two units are currently occupied with rents of $1,000/month and $950/month, while one unit is vacant, giving a new owner the flexibility to place a tenant, complete improvements, or occupy the unit while collecting income from the other two. Built in 1992 and situated on a 10,000 SF lot, the property is connected to city water and city sewer and is conveniently located near shopping, medical facilities, and everyday amenities.
Investment highlights
- Triplex in Kingman, AZ with three 2 bed / 1 bath units
- One unit currently vacant, creating an opportunity for an owner-occupant or investor to place a tenant at market rent
- Two occupied units currently rented at $1,000/mo and $950/mo
- Approx. 700 SF per unit
- Built in 1992
- Separate electric and gas meters, helping reduce owner-paid utility expenses
- Each unit includes a private fenced backyard, storage area, range/oven, and refrigerator
- City water and city sewer
- Convenient location near shopping, medical facilities, and everyday amenities
- Flexible buyer options with terms listed as cash, conventional, FHA, VA, and 1031 exchange
- Strong long-term rental potential in a market with limited affordable multifamily options
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