๐ฐ TRIPLEX INVESTOR DEAL | HIGH CASH FLOW ๐ฐ
๐ Terrell, TX 75160
๐ฐ $260,000 (Price Drop from $299,000)
๐ข Triplex | 2,882 SQFT | Built 1917
๐๏ธ 6 Beds | ๐ 4 Baths | ๐ณ .146 Acres
This is a high cash-flow investment opportunity with a strong cap rate right now.
๐ NUMBERS THAT MATTER:
๐ฐ Gross Income: $50,400/year
๐ธ Expenses: ~$22,200/year
๐ต Net Income: $27,600/year
๐ Cap Rate: 10.62%
๐ GRM: 5.16
๐ก RENT BREAKDOWN:
โข Unit 1: 2 Bed | ~$1,750/month
โข Unit 2: 2 Bed | ~$1,250/month
โข Unit 3: 2 Bed | ~$1,200/month
๐ฅ PROPERTY FEATURES:
โ๏ธ 3 separate units (2 bed / 1 bath each)
โ๏ธ Private patio space for each unit
โ๏ธ Multiple kitchens central HVAC
โ๏ธ Updated plumbing all-electric setup
โ๏ธ Long-term tenants (10 years)
โ ๏ธ INVESTOR NOTES:
โข Property sold AS-IS
โข Zoning for triplex not fully verified
โข Buyer to verify use, permits, and occupancy
๐ UPSIDE PLAY:
โข Increase rents to market
โข Reduce expenses to boost NOI
โข Convert back to single family if desired
๐ LOCATION:
Corner lot in Terrell with easy access to Hwy 80, schools, and local amenities
This is one of those low price, high return deals investors look for.
#DFWInvestors #TriplexForSale #CashFlowRealEstate #TexasInvesting #RentalIncome
โธป
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โธป
๐จ๐พโ๐ผ DAVARUS BELL | TEXAS REALTOR ยฎ
๐ My Website: ๐๐พ
linktr.ee/davarusbell
๐
o1rg.com/agents/Davarus_Bellโฆ
๐ฅ Dbell@BetterDevelopmentRealtyGroup.com
โ๏ธ 817-617-9654 (Mobile)