Seller's Agent in 2024
Bradley Bygall
Inch & Co. Real Estate, LLC
(717) 798-0995
59 Total Sales
Estimated Value: $180,000 - $216,000
Exceptional Investment Opportunity: Multi-Unit Property with Strong Rental History
Discover a lucrative investment in this well-maintained multi-unit property, strategically positioned to yield impressive returns. Comprising three 2-bedroom units and one 3-bedroom unit, this income-generating asset is a prime example of enduring value in the real estate market.
Key Features:
First Floor Excellence: The first floor boasts two 2-bedroom units leased under the Section 8 program at a competitive rate of $650/month. Tenants are responsible for all utilities, ensuring a hassle-free investment experience.
Second Floor Charm: The second floor offers a 3-bedroom unit, also under Section 8, with tenants contributing $650/month towards rent and covering utilities independently.
Lower Level Luxury: A spacious 2-bedroom unit on the lower level, leased under Section 8 for $850/month, provides a higher rental income while maintaining the convenience of tenant-paid utilities.
Detached House with Garage: The rear detached house, featuring an attached garage, is currently leased for $650/month. The potential for increased rental income, especially by separately renting the garage, opens the door to maximizing returns (potentially $1,000/month).
Income Potential:
This property not only presents a solid financial foundation but also offers room for growth. Cosmetic updates, such as painting and refinishing floors, have the potential to enhance monthly income by an additional $1,000.
Strategic Location:
Situated in an area with a demonstrated demand for Section 8 housing, this investment is well-positioned for stability and growth. The ability to increase rents annually, backed by guaranteed government subsidizing as outlined in the leases, further secures the long-term profitability of this asset.
Tenant Loyalty:
Several tenants have been part of this community since 2009, attesting to the property's appeal and the landlord's commitment to tenant satisfaction.
Don't miss out on this rare opportunity to acquire a multi-unit property with a proven track record and significant potential for increased returns. Contact us today to schedule a viewing and explore the possibilities of this outstanding investment.
Last Agent to Sell the Property
(717) 904-4500 Bbygall@limehouserealty.com Inch & Co. Real Estate, LLC Listed on: 02/06/2024
Co-Listed By
(717) 904-4500 zbygall@limehouserealty.com Inch & Co. Real Estate, LLC License #RS369858
Last Buyer's Agent
(717) 904-4500 Bbygall@limehouserealty.com Inch & Co. Real Estate, LLC Listed on: 02/06/2024
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $185,000 | None Listed On Document | ||
| $80,000 | None Available | ||
| $85,000 | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $148,000 | ||
| Closed | $15,000 | ||
| Closed | $135,000 | ||
| Closed | $72,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2024 05/28/24 | Sold | $185,000 | -21.3% | -- |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $235,000 | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,538 | $166,900 | $12,800 | $154,100 |
| 2025 | $3,184 | $34,340 | $4,810 | $29,530 |
| 2024 | $2,913 | $34,340 | $4,810 | $29,530 |
| 2023 | $2,913 | $34,340 | $4,810 | $29,530 |
| 2022 | $2,755 | $34,340 | $4,810 | $29,530 |
| 2021 | $2,724 | $34,340 | $4,810 | $29,530 |
| 2020 | $2,679 | $34,340 | $4,810 | $29,530 |
| 2018 | $2,597 | $34,340 | $4,810 | $29,530 |
| 2017 | $2,539 | $34,340 | $4,810 | $29,530 |
| 2015 | -- | $34,340 | $4,810 | $29,530 |
| 2011 | -- | $34,340 | $0 | $0 |
Seller's Agent in 2024
Bradley Bygall
Inch & Co. Real Estate, LLC
(717) 798-0995
59 Total Sales
Z
Seller Co-Listing Agent in 2024
Zachary Bygall
Inch & Co. Real Estate, LLC
25 Total Sales
Source: Bright MLS
MLS Number: PASK2013854
APN: 45-07-0099.000
Ask me questions while you tour the home.