200 E Main Street, Girardville, PA 17935 | MLS PASK2013854 | Listing Information | Nestfully
Courtesy: Bradley Bygall - Lime House; Phone: (717) 840-1355
Pending
$235,000

200 E Main Street
Girardville, PA 17935

4
Beds
0.1
Acres Lot
Fourplex, Multi-Family
82 days on Nestfully 30 views
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.
PASK2013854
Fourplex, Multi-Family
4
Traditional
1955
SCHUYLKILL
0.1 Acres
Public
Brick
Public Sewer
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Courtesy: Bradley Bygall - Lime House; Phone: (717) 840-1355
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