Address
200 E Main Street, Girardville, PA
Price
$ 235,000
Property Attributes
- MLS#PASK2013854
- TypePending
- CountySCHUYLKILL
- CityGirardville
- AreaGirardville Boro
- Zip17935
- StyleTraditional
- Year Built1955
- Taxes$ 2934
- Price$ 235,000
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 2/6/2024 | Listed $235,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Energy Star Heating System |
| Cooling | None |
| Possession | Settlement |
| Roof | Unknown |
| Zoning | MULTIUNIT |
| Garage Spaces | 2.00 |
| Pool Y/N | No Pool |
| Architectural Style | Traditional |
| Construction Materials | Brick |
| Year Built | 1955 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | 32 + wide Doors,Elevator |
| County | SCHUYLKILL |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | As per GPS |
| ModificationTimestamp | 2024-04-03T10:08:34 |
| City | GIRARDVILLE |
| Buyer Agent Compensation | 2.25 |
| Total Units | 4 |
| MLS Area | Girardville Boro (13345) |
| Lot Size Square Feet | 4356.00 |
| Tax Assessed Value | 34340.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | MAIN |
| Tax Annual Amount | 2934.0 |
| Two Bedroom | 3 |
| Structure Type | Detached |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 58 |
| Standard Status | Pending |
| Year Built Source | Estimated |
| Tax Lot | 99 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil,Electric |
|---|---|
| Basement | Combination |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 2 |
| Garage Features | Garage - Rear Entry |
| Type of Parking | Attached Garage |
| Land Use Code | 101 |
| Foundation Details | Block |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.10 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 4810.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Attached Garage Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 17935
Price
Taxes
Visits
Year Built
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