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Welcome to this exceptional income-producing triplex nestled in the heart of Brandon - a rare gem as these almost never come up for sale. This property is a true cash cow, offering savvy investors an incredible opportunity to pick up an estimated whopping 9% net cap rate with long term rentals, and much more with the existing vacation rentals. With two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, each boasting its own private backyard, laundry room, and spacious kitchen, this triplex promises comfortable living for tenants and an attractive rental income for you. This property would even be great to live in one unit and let the other units pay for your mortgage.
This triplex has been diligently cared for. Currently, two of the units are utilized as vacation rentals, tapping into the lucrative short-term rental market, while the third unit is occupied by a long-term tenant on a month-to-month lease, providing a very stable income stream.
Located in the thriving community of Brandon, this triplex enjoys a prime location where multifamily properties rarely become available. Investors looking to capitalize on a strong rental market and secure long-term returns need not look further. Don't miss your chance to own this income-producing triplex in a highly sought-after area. It's not just a property; it's an investment opportunity that rarely comes along. Act fast and make this cash cow your next real estate success story! Owner may also be willing to sell all the furniture in the 2 vacation rental units at an additional price, ask for details.
Features
5 bedrooms
5 bathrooms
2819 sq. ft. floor area
crop_free9790 sq. ft. lot size
cottageDuplex
Property history for 201 Glendale Dr
2015
Sold
$168,500
30 Jun 2015 by Frank Albert
2007
Rented
Undisclosed
05 Feb 2007 by WYNN & ASSOCIATES INC
Happy sellers in Brandon
82%
sentiment_satisfied
82% of sellers in Brandon reported that their sale price either exceeded or met their price expectations.
Brandon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 16 reviews in Brandon over the last 12 months.
Local market activity for 5 bedroom duplexes in Brandon
Sold
For Sale
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