York, PA 17403,731-733 VANDER AVE
York, PA 17403,731-733 VANDER AVE
York, PA 17403,731-733 VANDER AVE
$385,000
Est. payment /mo
$419,900
8.3%
Est.Price: ?

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0.39 Acres Lot
SOLD DATE : 08/30/2024

Key Details

Sold Price $385,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAYK2065766

Sold Date 08/30/24

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $7,474

Tax Year 2024

Lot Size 0.392 Acres

Acres 0.39

Property Description

7-Unit Multi-Family Property with Income Potential Cap Rate at 8.47 %
Investment Opportunity! This 7-unit property offers exceptional income potential. Enjoy the benefits of owning a well-maintained multi-family building with a proven rental history. This property offers four 1 bed room apartments and three 2 bedroom apartments.
Rents are as follows: 731 Vander Apt 1 occupied $625 a month, 731 Vander Apt 2 occupied $560 a month, 731 Vander Apt 3 Vacant $795 a month, 731 Vander Garage occupied $100 a month, 733 Vander Apt 1 occupied $600 a month, 733 Vander Apt 2 occupied $700 a month, 733 Vander Apt 3 occupied $845 a month, 733 Vander Apt 4 Vacant $895 a month, 733 Vander Garage occupied $50 a month.

Property Highlights:

7 Spacious Units: Ample living space for tenants.
2-Car Garage: Provides convenient covered parking.
Abundant Off-Street Parking: Plenty of space for residents and guests.
Recent Renovations: Two units boast brand-new floors, paint, kitchens, and bathrooms.
Strong Rental Income: Five units currently leased, plus garage rental.
This property is ideally suited for investors seeking a steady income stream. With its prime location and recent upgrades, it's ready to generate immediate returns.

Don't miss this chance to build your real estate portfolio!

Location

State PA

County York

Area York City (15201)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source None

Exterior

Garage Spaces 5.0

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Private Garage, Other

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District York City

Others

Tax ID 12-431-20-0018-00-00000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lloyd N Fernandez • Elite Property Sales, LLC
Bought with NON MEMBER • Non Subscribing Office

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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