Address: |
view address Girardville, PA 17935 Map Location |
Features: | Elevator, Garage |
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Bedrooms: | 4 | Square Feet: | 4,356 sq.ft. |
Lot Size: | 0.10 acres | Year Built: | 1955 |
Styles: | Traditional | Property Type: | Quadruplex |
School District: | North Schuylkill | County: | SCHUYLKILL |
List Date: | 2024-02-06 | Listing Number: | PASK2013854 |
Listed By: | Lime House | Listing Office: | [email protected]; (717) 840-1355 |
Exceptional Investment Opportunity: Multi-Unit Property with Strong Rental HistoryDiscover 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.
Electric Heat: | Yes | Electric Water Heater: | Yes |
Elevator: | Yes | Oil Heat: | Yes |
Attached Garage: | Yes | Brick Exterior: | Yes |
Building Design: | Detached | Garage Size: | 2.00 |
Parking Spaces: | 2.00 | Style: | Traditional |
Lot Acres: | 0.10 | Lot Sqft: | 4,356.00 |
Public Sewer: | Yes | Public Water: | Yes |
School District: | North Schuylkill | Taxes: | 2,934.00 |
Transaction Type: | Sale | Year Built: | 1955 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.