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200 E Main Street

GIRARDVILLE, PA 17935
  • $235,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PASK2013854
UPDATED: 33 min ago
$235,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

School District:

Description

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-24T07:04:10.537.
www.assetpropertysolutionsllc.com/homes/147308690
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200 E Main Street GIRARDVILLE, PA 17935

  • Price: $235,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 33 min ago
  • ID#: PASK2013854
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1955
Built
Neighborhood:
Girardville Boro (13345)
County:
Schuylkill
Area:
Girardville Boro (13345)
School District:
North Schuylkill
Property Description
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.
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage Spaces 2.00 Garage Type Garage - Rear Entry Garage YN Yes Parking Types Attached Garage Pool No Pool Riparian Rights YN No Roof Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Basement Combination Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating Energy Star Heating System Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 3

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ wide DoorsElevator Assessment Year 2023 Central Air YN No Cooling Fuel None Foundation Details Block Ground Rent Payment Frequency Annually Heating Fuel OilElectric Historic YN No Hot Water Electric Municipality GIRARDVILLE BORO Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 2 Original MLSNumber 802824118070 Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Sale Type Standard Sewer Private Sewer Structure Design Type Detached Tax Annual Amount 2934.00 Tax Assessment Amount 34340.00 Tax Lot 99 Vacation Rental YN No Water Source Public Zoning MULTIUNIT

Listing courtesy of Lime House: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-24T07:04:10.537.
 
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Asset Property Solutions, LLC
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Doylestown PA, 18901