Take over this cash flowing property and start your own business. Welcome to 201 E Philadelphia Street. This two residential unit property with an additional detached oversized garage is currently housing an auto detailing business. This property has been updated and renovated over the last three years. The garage and the first-floor apartment are included under a single lease. The garage and the apartment have separated electric and gas utilities.
Both the apartment and garage have dedicated forced hot air furnaces. The first-floor apartment features 1 bedroom, a kitchen, a full bathroom, and a living room. The garage includes a dedicated half bathroom. The first-floor tenant is responsible for paying the electric, gas, garage water, sewer, and trash bills.
The second-floor unit is on separate utilities and includes 2 bedrooms, 1 bathroom, a kitchen, a living room, and dedicated washer and dryer. The heating in this unit is forced air. This tenant pays for electric and gas. The owner pays water for apartment one and two.
Currently, the 2nd-floor unit pays $975/month, and the 1st-floor unit with the garage pays $1285/month, with a rent increase to $1475 scheduled for June 1st. The owner's rental license is current with the city. Per York City, the property is zoned Residential. The detailing business is approved with the city.
Property Type :
Multi-Family
County :
YORK
Style :
Multi-Family
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ByOwner last updated this listing 05/18/2024 @ 01:09
MLS: PAYK2060336
LISTED BY: Philip V Accardo , Keller Williams Keystone Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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.
