York, PA 17404,103 S RICHLAND AVE
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York, PA 17404,103 S RICHLAND AVE
York, PA 17404,103 S RICHLAND AVE
York, PA 17404,103 S RICHLAND AVE
York, PA 17404,103 S RICHLAND AVE

$155,000

Est. payment /mo

$154,900

0.1%
Est.Price: ?

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103 S RICHLAND AVE York, PA 17404

2,170 SqFt

SOLD DATE : 09/21/2022

Key Details

Sold Price $155,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $71

MLS Listing ID PAYK2025356

Style Colonial

Year Built 1900

Annual Tax Amount $2,774

Tax Year 2022

Lot Size 2,178 Sqft

Property Description

Investor Alert! This 3 unit investment property on S Richland Ave is fully occupied, has 2 off street parking spaces, a steel fire escape to the rear & each unit has front & rear access. All units include a stove & a refrigerator/freezer, the 1st floor unit has a forced hot air furnace, the 2nd & 3rd floor units have wall mounted gas heaters. The tenants have all rented their units for multiple years & would like to stay. The furnace & 3 separate water heaters are located in the unfinished basement which is accessed via the padlocked bilco door in the backyard. 1st floor tenant is responsible for keeping the lawn mowed as per her lease. Each tenant pays their own electric & gas for cooking & hot water. Owner pays water, sewer, garbage, taxes & insurance. This all brick 3 unit building is within walking distance to the York Fairgrounds, shopping & a restaurant. There are 3 gas meters, 3 electric meters plus 1 common area electric meter. The rental income is: 1st floor $615/mo, 2nd floor $550/mo & 3rd floor $525/mo. The cap rate for this property is 8.32%. Be sure to check out the cap rate document in the Associated documents section of the MLS. Ask your Realtor® for details. NOW is the time to own hard assets which bring in cash flow! Don’t miss out! Very few 3 unit buildings come on the market for sale so don’t miss this great opportunity! This property is presently managed by Elite Property Management in York, Pa & they hold the following security deposit funds: 1st floor $590, 2nd floor $550 & 3rd floor $505. All appliances are in “as is” condition. All window A/C units are owned by their respective tenants.

Location

State PA

County York

Area York City (15201)

Zoning RS

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Carpet, Vinyl, Laminated

Equipment Refrigerator, Stove

Exterior

Utilities Available Cable TV Available, Electric Available, Phone Available

Water Access N

Roof Type Rubber

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District York City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Andrew T Smith • Berkshire Hathaway HomeServices Homesale Realty
Bought with Andrew T Smith • Berkshire Hathaway HomeServices Homesale Realty

Jason Gareau

Broker

+1(609) 929-4486

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