TWO triplexes on one lot in a great location, creating an amazing investment opportunity! All units are 2-bed/2-bath with single-car garage + washer/dryer. *Tenants pay all utilities*. Property generates a GSI of $95k with a low expense ratio resulting in a robust NOI of $80k and a healthy Cap Rate of 5.4%. Fully rented with no vacancies. Current numbers reflect a management fee of $5,166. If self-managed, Cap Rate increases to 5.74%! Buildings are in good condition in a cute Lynden neighborhood.
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