• 200 E Main Street GIRARDVILLE, PA 17935

  • $235,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 4356
    Sqft

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.

Property Type :

Multi-Family

County :

SCHUYLKILL

Style :

Multi-Family

Sell a home like this and save $13,601 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Roof : Unknown

Basement Description: Combination

Roofing Information

Unknown

Heating & Cooling

Cooling: None

Heating: Energy Star Heating System

Cooling Fuel: None

Heating Fuel: Oil,Electric

Building Information

Year Built: 1955

Structure: Detached

New Construction: No

Total Units: 4

Built: 1955

Construction Material: Brick

Roof: Unknown

Foundation/Basement: Block

Architecture: Traditional

Pool/Private: No Pool

Roof Type: Unknown

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 4,356

Lot Size (Acres): 0.10

Architectural Style: Traditional

Main Square Feet: 4,356

Property Information

SQ ft: 0

SQ ft (Living Area): 0

Total Lot SQ ft: 4,356

Financing: Cash,Conventional

Total Acreage: 0.10

New Construction: No

Type: Traditional

Listing Information

Possession: Settlement

Days Of Market: 58

Tax Information

Annual Tax: $2,934

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $34,340

Parking Information

Total Parking Spaces: 2

Parking Type: Attached Garage

Has Garage: Y

Garage Type: Garage - Rear Entry

Garage Space: 2

# of Attached Garage Spaces: 2

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Unknown

Homeowners Association Information

Direction: As per GPS

School Information

School District: NORTH SCHUYLKILL

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Oil,Electric

Hot Water: Electric

Location Information

Direction: As per GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
322 W Main Street , Girardville, PA,17935 $25,000 2 1.0 -- 1742 Sqft
322 W Main Street , Girardville, PA,17935 $24,900 2 1.0 -- 1742 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 02:22

MLS: PASK2013854
LISTED BY: Bradley J Bygall , Lime House
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $13,601 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion