Description
Rare 3-unit property in Encanto on a quiet street surrounded by primarily single-family homes. The main residence, built in 1979, offers 6 bedrooms and 2.5 baths (originally 4BR with a 2 Car Garage), in-unit laundry, and leased solar panels. Two additional units were newly constructed in 2022a 2BR/1.5BA townhouse-style with loft and a 2BR/1BA with modern finishes. Both feature minisplit A/C, upgraded interiors, and are separately submetered for water. All three units also include individual water purification systems, and the owner has implemented a RUBS program for utilities. With a strong 5.5% cap rate, this property is an excellent investment opportunity or a great option for an owner-occupant to live in one unit while renting the others.
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10BEDS
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N/AACRES
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4BATHS
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21/2 BATHS
School Ratings & Info
Description
Rare 3-unit property in Encanto on a quiet street surrounded by primarily single-family homes. The main residence, built in 1979, offers 6 bedrooms and 2.5 baths (originally 4BR with a 2 Car Garage), in-unit laundry, and leased solar panels. Two additional units were newly constructed in 2022a 2BR/1.5BA townhouse-style with loft and a 2BR/1BA with modern finishes. Both feature minisplit A/C, upgraded interiors, and are separately submetered for water. All three units also include individual water purification systems, and the owner has implemented a RUBS program for utilities. With a strong 5.5% cap rate, this property is an excellent investment opportunity or a great option for an owner-occupant to live in one unit while renting the others.
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