Incredible investment opportunity for this south midtown triplex. 2 bedroom 1 bath units with a fireplace. One unit needs remodeled, but the updates done in the other two units make this an excellent long term investment for a buyer that can move in and fix up the vacant unit. Rents are under market currently but so much opportunity awaits. This property is being sold AS IS. Seller has not lived in the property. Disclosure waiver will be used. In approximately 2014 unit #1 had a major fire. Unit #1 was rebuilt from the foundation up by Tailored Restoration. Unit #2 was stripped to the studs and remodeled. Unit #3 had smoke damage and the work done in the space was minor.

For Showings. Tenant in unit #1 is not able to show her unit until Friday November 8th. After November 8th it will be a minimum of 48 hours notice to show and most likely in the evenings Unit #3 is vacant and can be shown anytime. The heat is on along with the power. The unit was recently damaged from a previous tenant and the seller is selling the property AS IS. Conventional financing is preferred. A renovation loan may be a better option. Please check with your lender after viewing the property.

Unit #2 will only be shown once an offer has been received. Make your offer contingent on viewing Unit #2 before or during your home inspection.

AKMLS Lockbox is on the door handle of unit #3.

The photos on the listing are of unit #3 before it was rented out. This unit does not look like this currently. It needs extensive remodeling to make it available for rent again. The Washer and dryer are broken.

Leases are month to month.

Rents are 1200 for units #1+2, Security deposits in place for units #1 and 2, Pet policy is No pets.
Snow removal: $400/year
Lawn care: $500/year
Trash: $100/month
Sewer and Water (owner)
Tenants pay for all utilities


The seller is out of country so please allow extra time for offer response. We will work to make the closing as smooth as possible.