INVESTMENT OPPORTUNITY – Downtown Auburn Triplex in great condition- Each unit is a spacious townhouse style unit with 1320 sq ft, 2 Bedrooms, 1.5 Baths and a single car private garage. Each unit has a private fenced back yard with a patio. The main floor has the living, dining, kitchen and a half bathroom. The second floor has two spacious bedrooms and a large full bathroom. Long term tenants that want to stay. 6.7% Cap rate with market rents! Market rent is $2,200 per unit. When the leases expire the tenants will be paying all utilities and rents are estimated to be $2,200 per month/unit. Two tenants have been there 7 years, and they own the washer and dryer in the units.
