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Updated 10 months ago on . Most recent reply

User Stats

5
Posts
1
Votes
Jose Furman
  • Atlanta, GA
1
Votes |
5
Posts

Triplex for sale in Atlanta

Jose Furman
  • Atlanta, GA
Posted

Hi everyone,

I recently listed my triplex for sale in Sylvan Hills in a great location ($425K). It has a main house and two tiny homes/ADUs in the backyard. Tenants are all in place and they pay all utilities. Total monthly rent is $3,745. I pay landscaping which is $150/month. Annualized ROI is roughly 8% cap rate.

Reason for selling: I’m starting a family in the summer and need the liquidity, otherwise I would hold as this cash flows well. 

other notes: all utilities are run through the main house and are not separate. The main house tenant pays for all utilities, including for the ADUs. Each tenant has a dedicated parking in the driveway.

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