Average square foot calculated using Size range provided by listing agent.
Description
This great maintenance free, occupied investment property is tucked away in it’s own pipe steam off of N. Pine Street in York City. This 3 bedroom, 1 bath 2 1/2 story townhouse built in 1900 was remodeled with all new maintenance free windows, laminate floors, an updated kitchen & bath, a full unfinished dirt floor basement (which is typical of this area), a newer 50 gallon electric water heater installed in 2021, an updated 100 AMP electrical system with circuit breakers, a shower/tub combo & a finished bedroom on the 3rd floor. This unit presently rents for $1, 255 & is kept neat & clean by the tenant who lived here over 1 year & would love to stay. There is a $1, 255 security deposit which shall be transferred to the new investor. This property pumps out an impressive 10.9% cap rate! With numbers like this all you can say is: YES! According to the tenant the end unit with the ‘no entry’ sign immediately adjoining this subject property has been & continues to be slowly renovated by an investor over the last year & half. Be sure to ask your agent for a copy of the Cap Rate sheet, the written lease, the SPD & the Lead Based paint doc - all of these pdfs should be a simple download in the associated docs section in the MLS. Tenant pays all utilities including: electric, gas, water, sewer & garbage. Owner pays taxes & insurance. Don’t miss out on this great cash flow property on a quiet street in York City just a few blocks from the Revolution Baseball stadium!Show Description
MLS® NumberPAYK2087078
Laundry Level
Central VacNo
FireplaceNo
Acreage0.02
ExteriorSidewalks
GarageNo
Approx. Age1900
BasementDirt Floor, Full, Interior Access
DrivewayPaved Parking, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel
Extras
Stove, Refrigerator
Similar Listings
Get notified of price or status changes by saving this listing