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31 S Belvidere Avenue

YORK, PA 17401
  • $127,500
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: PAYK2025490
UPDATED: 63 min ago
$127,500
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,319
    SQFT
  • $55
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Information

High School:
School District:

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+GGs 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+GGs only a few blocks away. Now is the time to add the stability of another multi-unit to your portfolio!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T00:00:47.17.
www.teampete.com/homes/130402583
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31 S Belvidere Avenue YORK, PA 17401

  • Price: $127,500
  • Status: Active
  • On Site: 49 Days
  • Updated: 63 min ago
  • ID#: PAYK2025490
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,319
SQFT
$55
$/SQFT
1915
Built
Neighborhood:
York City (15201)
County:
York
Area:
York City (15201)
High School:
William Penn
School District:
York 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+GGs 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+GGs only a few blocks away. Now is the time to add the stability of another multi-unit to your portfolio!
Exterior Features

Architectural Style ColonialTraditional Construction Materials Brick Exterior Features Fire EscapeSidewalksStreet Lights Garage YN No Location Type Downtown Lot Features ClearedCornerLevelRear YardRoad Frontage Other Structures Above GradeBelow Grade Parking Features Paved Parking Parking Types Other Patio And Porch Features Porch(Es) Pool No Pool Riparian Rights YN No Road Responsibility City/County Road Surface Type AlleyBlack Top Roof Rubber Soil Types Unknown View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2319 Appliances Oven/Range - GasRefrigerator Basement Full Basement YN Yes Below Grade Finished Area 0 Cooling None Exclusions All Personal Property Of Tenants2 Window Ac UnitsLocated in Apt 2 Fireplace YN No Fireplaces Total 0 Flooring VinylHardwood Heating Forced Air Heating YN Yes Inclusions 2 Gas Stoves2 Refrigerators1 Window A/C Unit - Sold +Ógé¼+Ôas is+óGé¼-¥. Interior Features Floor Plan - TraditionalKitchen - Eat-InWood Floors Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0 Walls Ceilings Dry WallPlaster Walls

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Electric Circuit Breakers Existing Lease Type Month To Month Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 668.00 Maintenance Expense 1000.00 Municipality York City Navigable Water YN N Net Operating Income 9282.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 7998.00 Operating Expense Includes Insurance Original MLSNumber 801694731570 Owner Pays InsuranceSewerWater Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 2360.00 Tax Assessment Amount 39830.00 Tax Lot 0026 Total Actual Rent 17280.00 Trash Expense 1191.00 Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer Available Vacation Rental YN No Water Source Public Window Features Wood Frame Zoning Rs

Listing courtesy of Berkshire Hathaway Homeservices Homesale Realty.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T00:00:47.17.
 
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