Property Description

Excellent income-producing investment opportunity with this fully occupied triplex zoned CRO, offering strong rental potential and flexibility for future use. Conveniently located near downtown and the naval base.The property features two buildings: a duplex in the front and a separate smaller unit in the rear, providing three total rental units. The property currently generates $2,800 per month in gross rental income with long-term tenants in place, and several leases are month-to-month, creating immediate opportunity for rent increases and value growth.Recent improvements include a new roof installed in 2023, and all units are equipped with central air conditioning for tenant comfort.Unit breakdown:Unit 1: 2 bedrooms, 1.5 bathroomsUnit 2: 2 bedrooms, 1 bathroomUnit 3: 1 bedroom, 1 bathroomUtilities are on common water and electric meters.With its flexible CRO zoning, strong rental history, and upside potential, this property presents an excellent opportunity.