SQUARE FEET2,319
MLS#PAYK2025490
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLYORK CITY
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial, Traditional
Lot Size: 0.05 Acres
Roof Type: Rubber
Taxes: $2,360
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Gas, Refrigerator
Electric: Circuit Breakers
Exterior: Brick
Exterior: Fire Escape, Sidewalks, Street Lights
Flooring: Vinyl, Hardwood
Interior: Floor Plan - Traditional, Kitchen - Eat-In, Wood Floors
Location: Downtown
Lot: Cleared, Corner, Level, Rear Yard, Road Frontage
Lot Dimensions: 0.05 Acre(S)
Municipality: YORK CITY
One Bedroom Units: 1
Parking Notes: Paved Parking
Sewer: Public Sewer
Special View Info: City, Street
Structure Type: End of Row/Townhouse
Three Bedroom Units: 1
Units: 2
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available
Water: Public
Windows: Wood Frame
Local Schools
High School: WILLIAM PENN
School District: YORK CITY
Listed By / Shown By
Listed and Shown By
Agency Name: Berkshire Hathaway HomeServices Homesale Realty
Agent Name: Rick Smith
Agent Phone: (717) 793-9678
Cinch Home Warranty
Estimate Your Payment
Estimated Payment
$ 720.82 per month $486.96 Principal & Interest $196.67 Property Tax $37.19 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603 - 800-383-3535
31 S Belvidere Avenue | MLS# PAYK2025490
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.