BACK ON THE MARKET; NO FAULT OF THE PROPERTY!! Here is the investment property you've been looking for with a 6.70% Cap Rate! 3-unit property in a 'Class A' location and immediate cashflow! Walking distance to UNC and tons of updates throughout the property over the last 8-years including HVAC, roof, fire sprinkler system, new bathrooms & kitchens; too many to list! Solid attorney-prepared leases in place. There is income potential with the common/flex room and ability to add coin-op laundry. Upper unit (8-bed) leased through 4/30/23 at $4,000/month, Front unit (6-bed) leased through 5/31/23 at $2,700/month, Basement unit (1-bed) month-to-month. Landlord is currently paying water, sewer, trash, electric. Buyer to verify all stated listing data including schools, square footage, zoning, etc.
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