Average square foot calculated using Size range provided by listing agent.
Description
INVESTOR OPEN HOUSE THIS SUNDAY 11:00 AM to 1:00PM!! Introducing a fantastic investment property at 436 Linden Avenue in York, Pennsylvania. This fully occupied 3-unit residential property currently generates a consistent gross monthly rental income of $3, 600. Beyond its immediate cash flow, this property offers significant value-add potential with a partially completed fourth unit in the lower level, pending final approval from York City. The current owner has proactively advanced the approval process, placing the new investor one step closer to further enhancing income potential. Strategically priced at an appealing 9.6% capitalization rate, this property includes considerations for a 5% vacancy rate, professional management fees, and prudent allocations of 10% each for capital expenditures and maintenance. Detailed profit reports are available upon request, allowing prospective investors full insight into the property's performance and potential.Show Description
MLS® NumberPAYK2083900
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
ExteriorFire Escape, Secure Storage
GarageNo
Approx. Age1900
BasementFull
DrivewayOff Street, On Street
Garage Spaces
HeatHot Water, Natural Gas
A/CWindow Unit(s), Electric
Heating Fuel
Extras
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