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Captivating Income-Producing Triplex in Prime Avondale Location!
Tenants in place, DO NOT DISTURB TENANTS! Please do not walk around property.
Discover an exceptional opportunity to own a beautifully updated triplex, perfectly positioned on a single parcel in one of the most desirable neighborhoods! This property consists of a remodeled duplex and a charming single-unit cottage, offering three modern 1-bedroom, 1-bath apartments that are income-ready and fully occupied, this property is a rare find with even more potential for increased returns!
This property blends modern conveniences with timeless charm, making it a standout investment in a sought-after area. Whether you're an investor looking to expand your portfolio or a homeowner seeking a unique multi-family property, this triplex offers incredible value with room for even greater returns. Main Duplex Features:
Chef's Dream Kitchen: Quartz countertops, custom cabinetry, high-end appliances, and stunning tile flooring.
Spacious Apartments: Beautifully renovated en suite, walk-in closet, and each come with their own large laundry room with ample storage.
Charming Details: Massive front porches, original architectural charm, and thoughtful modern upgrades throughout.
Single Cottage Highlights:
Open Concept Living: Large floor plan with ample storage.
Indoor-Outdoor Flow: Expansive sliding glass doors lead to a private 350 square foot paved courtyard.
Convenient Amenities: In-unit laundry, central HVAC, and updated finishes.
Additional Perks:
Prime Location: One block from the Shoppes of Avondale and Boone Parkenjoy boutique shopping, dining, and outdoor activities just steps away!
Large Corner Lot: Features off-street parking, additional street parking for guests, and a fenced area perfect for pets.
Comprehensive Upgrades: All units boast central heat and air, new plumbing, updated electrical systems, and modern kitchens and fixtures.
Don't miss your chance to own this gem in Avondale! Call to Schedule your tour in advance as there are tenants in place!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$759,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $609 | $609 | $609 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,788 | $3,989 | $5,083 |
Total Monthly Payment | $4,489 | $4,690 | $5,784 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.