1% rule, 10% cap rate, Property is Preapproved Attention investors. .. this is a wonderful opportunity to own a turnkey full leased triplex that the seller has gotten preapproved for a loan with a national lender. No W2 or Tax returns needed. Worried about property management? The current property management company is interested in continuing to manage. This property is completely renovated. Features include all new flooring, lighting and paint, and remodelled kitchens. Bathrooms are also updated with new vanities, fixtures and lighting. Other features include two newer heat pumps, a gorgeous covered front porch, oversized bedrooms, tall baseboard and door trim and plenty of parking. All this in a quiet neighborhood with an open field in the front for space and privacy.