Bought with Miky C Philson • Berkshire Hathaway HomeServices Homesale Realty
$130,000
$139,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
632 WALLACE ST York, PA 17403
2,242 SqFt
Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,242 sqft
Price per Sqft $57
MLS Listing ID PAYK2052800
Sold Date 01/29/24
Style Federal
Abv Grd Liv Area 2,242
Year Built 1900
Annual Tax Amount $3,366
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
632 Wallace St, York - Investment Opportunity in East York!
Welcome to 632 Wallace St, an excellent investment opportunity in East York! This solid brick building features two fully rented units, presenting a lucrative investment with an annual rental income of $16,800.
Key Features:
Property Type: Multi-Family
Units: 2
Annual Rental Income: $16,800
Investment Highlights:
Cash Flowing Property: Enjoy the benefits of a cash-flowing investment with a solid annual rental income stream. This property is currently fully rented, providing a reliable source of passive income.
Professional Management: The property is professionally managed, ensuring a hassle-free investment experience for the owner. With expert management in place, you can focus on the returns while leaving the day-to-day operations to the professionals.
Separate Utilities: Each unit in this building has separated utilities, with tenants responsible for their own heat, hot water, and electric bills. This arrangement enhances the efficiency of property management and ensures a fair distribution of utility costs.
Laundry Hookup in Basement: Convenience is key, and this property doesn't disappoint. The basement is equipped with laundry hookups for both units, providing added amenities for tenants and potentially increasing the property's overall appeal.
Schedule Your Showing:
Don't miss out on this fantastic investment opportunity! Schedule your showing today to explore the potential of 632 Wallace St in person. Whether you're a seasoned investor or a first-time buyer looking to capitalize on rental income, this property is a promising addition to your portfolio.
Location
State PA
County York
Area York City (15201)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2242
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Hannah Penn
High Schools William Penn
School District York City
Others
Tax ID 12-376-08-0039-00-00000
Ownership Fee Simple
SqFt Source 2242
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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