For more information regarding the value of a property, please contact us for a free consultation.
24 W COLLEGE AVE York, PA 17401
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $35,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 634 sqft
Price per Sqft $55
Subdivision Ward 08
MLS Listing ID PAYK2005300
Sold Date 09/30/21
Style Cape Cod
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 634
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,649
Tax Year 2021
Lot Size 1,042 Sqft
Acres 0.02
Property Description
Now is the time to jump on this super cute investment property! Mostly maintenance free exterior! Public water, public sewer. Most investors know that any investment property that generates a 10% cap rate or better is just a “buy it!” opportunity. This property generates an 11.21% cap rate. This home was just rented in May of 2021 & the lease expires 5/31/22. The rent is $600/mo & the security deposit held by Target Investments is $600. For an investor it’s as easy as can be! This home has an updated kitchen, an update full bath & the refrigerator & the stove are included in the sale. Tenants pay all utilities. The roof is asphalt shingle & the furnace is a gas boiler. The water heater is a 30 gallon water heater. Don’t miss out on this great opportunity. Insurance cost $148/yr. Maintenance $750/yr. Vacancy Factor 5% = $360/yr. Codes inspection $195/yr. Taxes = $1,609/year. Total income $4,138, Total expenses $3,062. Total cap rate of 11.21%.
Location
State PA
County York
Area York City (15201)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Kitchen, Laundry
Basement Full
Main Level Bedrooms 2
Interior
Interior Features Formal/Separate Dining Room
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Equipment Refrigerator, Oven - Single
Fireplace N
Window Features Insulated
Appliance Refrigerator, Oven - Single
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Utilities Available Cable TV Available, Electric Available, Phone Available
Water Access N
Roof Type Shingle,Asphalt
Accessibility Ramp - Main Level
Porch Patio(s)
Road Frontage Boro/Township, City/County
Garage N
Building
Lot Description Level
Story 1.5
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 1.5
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools William Penn
School District York City
Others
Senior Community No
Tax ID 08-141-03-0029-00-00000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Financing Conventional,FHA,VA
Special Listing Condition Standard
Read Less
Bought with Elmer F Miller • Iron Valley Real Estate of York County
GET MORE INFORMATION