Bought with Erin Mary Rogers • Keller Williams Keystone Realty
$151,000
$149,900
0.7%For more information regarding the value of a property, please contact us for a free consultation.
2,080 SqFt
SOLD DATE : 04/22/2021
Key Details
Sold Price $151,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $72
MLS Listing ID PAYK153856
Sold Date 04/22/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 2,080
Year Built 1920
Available Date 2021-03-12
Annual Tax Amount $8,551
Tax Year 2020
Lot Size 0.253 Acres
Acres 0.25
Property Sub-Type Detached
Source BRIGHT
Property Description
Well kept 3 unit close to York Hospital and York College! Come check this great investment property before its gone. This property is listed to sell and a PERFECT value add rental property. As the property sits its still producing $12,000 a year in cash flow with a great opportunity to make more! Property is in top notch condition within a great area within York with close access to the hospital and York College. Current rents are low for the size and condition of units. Rents now are $850, $750 and 800. Expected rents for all unit should be at minimum 10% over current rental numbers. Owners pay utilities but the property could easily have 1 more meter and electrical box added to separate electric for tenants to pay. SEE PICS for electrical setup. As of right now with current rents the CAP rate with 10% Vacancy included is 7.27% CAP rate with separate electric & 10% Vacancy - 9.38% CAP rate with separate electric , 10% Vac and 10% rent increase - 11.10% Expenses for 2020 - Gas - $1895 Electric - $3510 Water - $716 Trash/Sewer - $2013
Location
State PA
County York
Area York City (15201)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C, Window Unit(s)
Fireplaces Number 1
Heat Source Natural Gas
Exterior
Parking Features Additional Storage Area, Oversized
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Above Ground Finished SqFt 2080
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District York City
Others
Tax ID 01-009-03-0006-00-00000
Ownership Fee Simple
SqFt Source 2080
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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7466 New Ridge Road Ste 1, Hanover, MD, 21076, United States