$225,000

An accessible entry point into multifamily ownership! Centrally located, 346–348–350 Kathleen Street offers an entry-level triplex generating a 12.61% capitalization rate. Priced right, this property presents an opportunity for investors and buyers looking to make their first home purchase work harder. The vacant two-bedroom unit allows a buyer to move in and benefit from rental income from the other two units to help offset ownership costs. For BRRR investors, there is potential to build equity through strategic improvements, strengthen rental income and explore refinancing as value is added. Whether you’re starting your investment portfolio or purchasing a home with additional income, this triplex is worth a closer look. (id:5764) An accessible entry point into multifamily ownership! Centrally located, 346–348–350 Kathleen Street offers an entry-level triplex generating a 12.61% capitalization rate. Priced right, this property presents an opportunity for investors and buyers looking to make their first home purchase work harder. The vacant two-bedroom unit allows a buyer to move in and benefit from rental income from the other two units to help offset ownership costs. For BRRR investors, there is potential to build equity through strategic improvements, strengthen rental income and explore refinancing as value is added. Whether you’re starting your investment portfolio or purchasing a home with additional income, this triplex is worth a closer look. (id:5764)