Rare chance to own a turn key rental property just a half a block from the desirable Royal Square in Downtown York City. This semi-detached, tenant occupied property has tremendous curb appeal with the recently remodeled exterior. The property has three bedrooms, a large dining room, a nice kitchen and one full bathroom. With Hardwood floors throughout, a private yard, and a large detached garage this makes a very nice home. This is a very desirable investment property due to the low property taxes, no deferred maintenance, and well-established rent roll. This property will cash flow from day one. The total annual expenses are $2,302. The total rental income per year is $10,200. That is an NOI of $7,898.
With a positive cash flow of $658 per month this property will operate at an 10.54% CAP rate. The seller is willing to provide the buyer with a 1 year home warrant with the purchase of the property. This will not last long. Call today! Pre-approval or proof of funds must be received before showing will be approved.
Courtesy of: Country Home Real Estate Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 20th September, 2021 8:04 PM