Courtesy: EXP Realty LLC
Jeremy Galloway
5-unit income property (triplex + duplex) in Tarrant â?? all 2BD/1BA units. 4 of 5 units occupied; Unit C will be delivered vacant (eviction in progress, est. early June). Current gross rent: $2,480/mo, with upside to $3,180/mo upon full stabilization. Investor-ready asset â?? priced at $250,000. Conventional or DSCR financing expected. All units are separately metered (triplex); the owner of the duplex pays for water. The tenant pays for their own trash. Water is split 50/50. The property manager is 8% of rent. There is no active pest company for the property. 48-hour showing notice required.
Tarrant is located in Alabama. Tarrant, Alabama has a population of 6,137. Tarrant is less family-centric than the surrounding county with 13.23% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Tarrant, Alabama is $36,927. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Tarrant is 35.5 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 54.9 inches per year, with 1.3 inches of snow per year.
