Property Description

Attention Investors, Visionaries, and Opportunity Seekers! Rarely does a true triplex become available this close to downtown Brevard. Currently operating as three separate rental units, this income-producing property offers immediate cash-flow potential along with the opportunity to add value through thoughtful improvements and updates.Recognizing the potential of the property, the seller is offering a $10,000 closing credit to help the next owner jumpstart renovations and bring their vision to life. Whether you're an experienced investor, a first-time buyer looking to offset your mortgage with rental income, or someone passionate about creating quality housing in our community, this property delivers flexibility, potential, and upside.In addition to its rare in-town triplex configuration, this property offers compelling upside potential. Seller reports current and projected rents of approximately $1,300/month for Unit A, $1,075-$1,100/month for Unit B, and $525/month for Unit C, which has not experienced a rent increase in approximately four years. Buyers are encouraged to conduct their own analysis, but the property may present opportunities for increased income through thoughtful management, updates, and future rent adjustments. Unlike many investment properties tied up in long-term leases, all tenants are currently on month-to-month agreements, giving the next owner a rare combination of immediate income and future flexibility. Whether your goal is to maintain the current rental structure, make improvements, adjust rents to market levels, or create a new vision for the property, the choice is yours.Located in the heart of Brevard with easy access to shops, restaurants, parks, and everything that makes this mountain town so special, this is more than just a property?it's an opportunity to invest, improve, and create something meaningful. Properties with this combination of location, income potential, and future possibilities are exceptionally hard to find. Don't miss your chance.

Property Features

Local Schools