200 E Main Street
Girardville, PA 17935
- – beds
- – baths
- – sqft
- 4,356 sqft lot
- 1955 build
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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.
Listing courtesy of BRIGHT / Lime House
Last checked:
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Last updated Oct 17, 2024
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MLS# PASK2013854 —
The Building
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Year Built:1955
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Traditional
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Historic:No
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Building Units Total:4
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Roof:Unknown
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Accessibility Features:32, Elevator
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Foundation Details:Block
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Basement:Yes
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Basement Type:Combination
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Conventional
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Possession:Settlement
Location
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Directions:As per GPS
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Latitude:40.79191000
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Longitude:-76.28219000
The Property
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Property Subtype:Quadruplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Estimated
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Lot SqFt:4,356 Sqft
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Zoning:MULTIUNIT
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:101
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 798-0995
- Office phone:
- (717) 840-1355
Taxes
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Tax ID Number:45-07-0099
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Tax Year:2023
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Tax Lot:99
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Tax Annual Amount:$2,934
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Tax Assessed Value:$34,340
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Year Assessed:2023
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School Tax:1605.0
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County Tax:528.00
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City/Town Tax:779.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Energy Star Heating System
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Heating Fuel:Oil, Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:North Schuylkill
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Rear Entry
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Garage Spaces:2.00
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Type of Parking:Attached Garage
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# of Attached Garage Spaces:2
Extra Units
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Vacation Rental:No
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Two Bedroom Units:3
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/28/24
May 28, 2024
|
Sold | BRIGHT | $185,000 | -21.3% |
4/3/24
Apr 3, 2024
|
Pending | BRIGHT | $235,000 | |
2/6/24
Feb 6, 2024
|
Listed / Active | BRIGHT | $235,000 |