Listed by ROCK Commercial Real Estate
$195,000
645 East Boundary Avenue
Details
Property Type Retail, Multifamily
Sub Type Convenience Store, Storefront
Square Footage 2,184
Year Built 1933
Acreage 0.130
Zoning Single Family Attached Residential Conservation District (RS-2)
Ground Lease No
Three-Unit Investment
Marketing description
3-unit Investment property consisting of two 1-BR apartments and a retail suite. Long-time tenants paying under market rental rates. Prime for value-add through light renovation and significant increase in rents.
Owner also has for sale a garage a few properties away - see "Gray Alley".
At the corner of E Boundary Ave and Girard Ave in York City near York Catholic High School
Investment highlights
- All tenants pay electricity and natural gas directly to vendor via separate metering for all three units
- Current gross rental income: $22,020.00 annually
- Projected gross rental income: $32,880.00 annually
- Free street parking is abundant, but large rear yard could potentially be graveled or paved for on-site parking
- All units have private exterior entrances
- Contact Listing Agent for additional photos
Listing Contacts
Listed by ROCK Commercial Real Estate
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