Investor Alert!!! 2 unit Property available for immediate sale! This multi unit property is fully rented by tenants who want to stay. 1st floor & basement rent is $645 & 2nd & 3rd floor rent is $795. This property generates $1,440 rent per month! Rents all across America are on the rise & the need for hard assets like real estate is getting more intense. As the stock market & crypto markets falter real estate needs remain high & demand for property options by tenants in the York market place is not shrinking. York County investments tend to lag about 6 months behind surrounding real estate markets when entering or exiting a downturn our upturn so now is still a great time to purchase income producing real estate in York. Tenants pay all heat, all hot water & all electric. Owner pays insurance, water, sewer, garbage & taxes. This property has 2 off street parking places, 2 furnaces, 2 water heaters, 2 gas meters, 2 electric meters & 2 electrical breaker boxes. Add a 1st floor full bath & increase the value of this property even more. This property is currently managed by Yorktowne Property Shoppe & the leases are in the Associated Docs section of the MLS - ask your agent for more info. This property has a cap rate of 7.82% which is very competitive in today’s multi unit residential marketplace. This all brick building a block away from West Market Street is easy to rent & generates great cash flow. All leases are written & security deposits shall be transferred to the new owner at settlement. All codes approved, present property management company would be happy to continue managing this property as it’s only a few blocks away. Now is the time to add the stability of another multi-unit to your portfolio!
This multi-family property located at 31 S Belvidere Avenue, York, PA 17401 is currently listed for sale by Berkshire Hathaway HomeServices Homesale Realty, with an asking price of $127,500. S Belvidere Avenue is located within the YORK CITY school district. Search York real estate on www.ricksmithteam.com today.
Estimated Payment$ 720.82 per month $486.96 Principal & Interest $196.67 Property Tax $37.19 Homeowner's Insurance