Real money maker 4 multi-unit in the Avenues across the street from Combs Restaurant, close to York Fairgrounds & Route 30. All brick 3 story, 3 apartments, 1 single detached garage also brings in revenue. The tenants in this property have been long term tenants & would like to stay. The present owner did all the heavy lifting for you! 2nd Floor Tenant ought to have rent increased by at least $100 but has been there for decades & keeps the place clean so you decide. New rubber roof in the last 9 years, all the knob & tube wiring has been removed & replaced with new gauge wiring, the 3 meters & 3 electrical panels have also been replaced. Each unit is heated by it’s own gas space heater - all separate electrical & gas meters. Basement has ample storage space & a secure metal bilco door for easy access for large items. Tenants in 2nd floor are on a mo to mo verbal lease. No security deposits were collected for the tenant on the 2nd floor. Garage can also generate $125 per month - presently vacant. The garage can be accessed via the alleyway, has a single, manual 1 car garage door, a service door & a large window which faces the subject property. 1st floor had been owner occupied 7 years ago but had been rent for $540/mo so this rent is now low too. Tenants have access to front door & also metal fire escape to the rear of the home so all units had front & rear access. 2nd floor tenant works 2nd shift so if he is sleepy or slow to answer his door you now know why. 1st floor tenant is elderly & has a hearing disability - son is caring for mother please expect her to remain in her bed during all showings & please be respectful. Most tenants have been there long term & all would like to stay. This is a great opportunity to own a multi-unit property with off street parking! There aren’t many 3/4 units investment properties on the market - don’t miss this great opportunity!!! |
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