This perfectly located triplex with a house attached, is a great investment opportunity. Currently all four units are fully leased out with month to month lease agreements. On a proforma valuation with $2.00 PSF Monthly rents and the current operating expenses this property will be a 6.4% CAP RATE. The house is 987 square feet and currently is rented for $1,500.00 monthly. The triplex's are each 1056 square feet, the second story units are rented for $1,250.00 monthly and the lower unit is $700.00 monthly. Lots of parking with Garages, onsite spaces and additional options for driveway and street parking. This property is located downtown only minutes away from the court house.
Courtesy of Prescott Commercial Real Estate. Selling Office: Prescott Commercial Real Estate.