Description
Are you looking for a rock solid investment property? Do you want to live in one side and have a tenant pay your bills for you? This larger 2 Unit Rancher in Central School District could be your ticket to starting your investing on the right foot! With all major utilities already split including Water, Electric, Gas and Trash! All you pay is sewer! it is already up and running with no changes needed! Currently both units are rented for $800 a month each. Don+GGt Worry, if you want to live here you can move in as soon as May 1st because that is when the first lease ends! At the current price, this home has a cap rate of 8.2% and that is even factoring in an extra $1,000 a year for maintenance and misc. expenses. It has operating expenses estimated around $4,522 a year and a gross income of $19,200. That means over $14,000 in net income! WOW!!! This rancher is in close proximity to the York Galleria Mall, East York Walmart, and all the major shopping centers in the Yorklyn area!
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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2,356SQFT
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$76$/SQFT
Description
Are you looking for a rock solid investment property? Do you want to live in one side and have a tenant pay your bills for you? This larger 2 Unit Rancher in Central School District could be your ticket to starting your investing on the right foot! With all major utilities already split including Water, Electric, Gas and Trash! All you pay is sewer! it is already up and running with no changes needed! Currently both units are rented for $800 a month each. Don+GGt Worry, if you want to live here you can move in as soon as May 1st because that is when the first lease ends! At the current price, this home has a cap rate of 8.2% and that is even factoring in an extra $1,000 a year for maintenance and misc. expenses. It has operating expenses estimated around $4,522 a year and a gross income of $19,200. That means over $14,000 in net income! WOW!!! This rancher is in close proximity to the York Galleria Mall, East York Walmart, and all the major shopping centers in the Yorklyn area!
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