Exceptional Investment Opportunity ?Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow
Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants.
The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There?s also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable.
This is more than just an investment?it's a chance to own a piece of Richmond Hill?s rich history while securing strong rental income in one of Georgia?s most sought-after communities.
Features
7 bedrooms
3 bathrooms
3982 sq. ft. floor area
crop_free12632 sq. ft. lot size
cottageDuplex
Property history for 116 Ivey Street
2022
Sold
$427,200
18 Feb 2022 by MAUREEN BRYANT Agent, of Re/Max Accent
Happy sellers in Richmond Hill
86%
sentiment_very_satisfied
86% of sellers in Richmond Hill reported that their sale price either exceeded or met their price expectations.
Richmond Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 20 reviews in Richmond Hill over the last 12 months.
Local market activity for 7 bedroom duplexes in Richmond Hill
Sold
For Sale
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