31 S Belvidere Ave, York, PA 17401

Investor Alert!!! Freshly updated and rented 2nd & 3rd floor unit with new tenant as of 11/18/22! Higher rent & better tenant! 2 unit Property available for immediate sale! This multi unit property has a brand new tenant on the 2nd and 3rd floor. 1st floor unit includes the basement and is rented for $645 & 2nd & 3rd floor rent is $865. This property generates $1,510 rent per month! Rents all across America are on the rise & the need for hard assets like real estate is getting more intense. As the stock market & crypto markets falter real estate needs remain high & demand for property options by tenants in the York market place is not shrinking as populations move into York! The cap rate on this property is now 9.6%!!! Tenants pay all heat, all hot water & all electric. Owner pays insurance, water, sewer, garbage & taxes. This property has 2 off street parking places, 2 furnaces, 2 water heaters, 2 gas meters, 2 electric meters & 2 electrical breaker boxes. Add a 1st floor full bath & increase the value of this property even more. This property is currently managed by Yorktowne Property Shoppe & all new leases will be uploaded into the Associated Docs section of the MLS - ask your agent for more info. This property now has an impressive cap rate of 9.6% which is very competitive in today’s multi unit residential marketplace. This all brick building a block away from West Market Street is easy to rent & generates great cash flow. Lease is written & security deposit funds shall be transferred to the new owner at settlement. All codes approved, present property management company would be happy to continue managing this property as it’s only a few blocks away. Now is the time to add the stability of another multi-unit to your portfolio! Both units just received rent ready updates. Hurry!