31 S BELVIDERE AVENUE

YORK, PA, 17401

$104,900

$45 per ft²
$104,900
$45 per ft²
Pending
Pending
 - For Sale
carpenters-square
2,319 ft²
property_type
Multi-family
calendar
Built 1915
Investor Alert!!! Freshly updated and rented with new tenants as of 11/18/22! Higher Rents, better tenants! 2 unit Property available for immediate sale! This multi unit property is fully rented - tenants moving in this month. 1st floor & basement rent is $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 & the 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’s 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’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!
MLS® ID:
PAYK2025490
Updated:
12/3/22
Keller Williams Realty
Team Becker Realtors®

Interior Features

Kitchen Appliances
Oven/Range - Gas, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Floor Plan - Traditional, Kitchen - Eat-In, Wood Floors
Floor Description
Vinyl, Hardwood
Cooling
None
Heating
Forced Air

Exterior/Building Features

Lot Size
2,200 ft² lot
Exterior Features
Fire Escape, Sidewalks, Street Lights, Porch(es), Above Grade, Below Grade
Architectural Style
Colonial, Traditional
Lot Details
Cleared, Corner, Level, Rear Yard, Road Frontage
Roof
Rubber
Sewer
Public Sewer

School Information

School District
YORK CITY
High School
WILLIAM PENN

Other Property Details

Area Name
York City (15201)
Taxes
$2360.00
Tax Frequency
per YEAR
Garage
No
Parking
Paved Parking
View
Y
County
YORK
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available
Water Source
Public
Pool
No
Total Stories
3
Zoning
RS

Property History

Date
Event
Price
Value
11/23/22
Pending
-
-
10/12/22
Price Change
$104,900
-8%
9/30/22
Price Change
$114,900
-9%

Courtesy of Berkshire Hathaway HomeServices Homesale Realty, Andrew Smith

Listing Contact:  

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Data last updated 2:12 AM UTC, 12/3/22

Keller Williams Realty
Team Becker Realtors®
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