Investor Alert!!! Freshly updated and rented 2nd 3rd floor unit with new tenant as of 11/18/22! Higher rent better tenant! 2 unit Property available for immediate sale! This multi unit property has a brand new tenant on the 2nd and 3rd floor. 1st floor unit includes the basement and is rented for $645 2nd 3rd floor rent is $865. This property generates $1,510 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 as populations move into York! The cap rate on this property is now 9.6%!!! 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 all new leases will be uploaded into the Associated Docs section of the MLS - ask your agent for more info. This property now has an impressive cap rate of 9.6% which is very competitive in today#x2019;s multi unit residential marketplace. This all brick building a block away from West Market Street is easy to rent generates great cash flow. Lease is written security deposit funds 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#x2019;s only a few blocks away. Now is the time to add the stability of another multi-unit to your portfolio! Both units just received rent ready updates. Hurry!
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