Average square foot calculated using Size range provided by listing agent.
Description
Don't miss the INVESTOR OPEN HOUSE THIS SATURDAY 1-3PM!! Welcome to 737 Linden Ave in York, a beautifully maintained and turnkey 2-unit multifamily property that combines excellent condition with strong rental potential and investor-friendly numbers. The upstairs 3-bedroom apartment is currently rented month-to-month at $1, 195 per month with a market rent of $1, 450, while the lower-level 1-bedroom apartment is vacant with a market rent of $1, 000, giving the next owner both immediate income and upside potential. Using market rents and actual expenses—including vacancy, reserves, and management fees—the property performs at a 7.7% cap rate with an 8%+ cash-on-cash return and nets over $200 per door each month, making it a truly attractive option for both investors and owner-occupants. All utilities are separated for low operating costs, the building is extremely well cared for, and a rear garage provides off-street parking in addition to ample on-street options. Whether you are looking for a turnkey investment or a house-hack where you can live in one unit and offset your mortgage with tenant rent from the other, this property offers flexibility, reliable performance, and supporting cash flow analysis documents and rental reports available upon request.Show Description
MLS® NumberPAYK2089226
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageYes
Approx. Age1900
BasementFull
DrivewayOn Street, Detached Garage
Garage Spaces
HeatZoned, Natural Gas, Electric
A/CCentral A/C, Ductless/Mini-Split, Electric
Heating Fuel
Extras
washer and dryer and all kitchen appliances in both kitchens
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