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31 Main Street

GLEN ROCK, PA 17327
  • $800,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: PAYK2058066
$800,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Welcome to this 7 Unit cash cow investment property in the heart of Glen Rock Borough. Situated on the HeritageRail Trail, this property really shines inside and out. The property consists of 6 residential units and one 4,000 sqft commercial storage space with huge exposure display windows. All of the units are rented except thecommercial space which the owner uses currently. The commercial space can currently be used only for storagebut can be converted to suit your needs. Please contact Glen Rock Borough for more information. There is no basement and the property is built slab on grade. Lots of parking available for tenants across from the building in the public parking lot. This exceptionally well-kept turnkeyproperty is 100% professionally managed from day 1 and runs a cap rate of 6.1% with annual rental income of$75,420 which includes utilities reimbursements and pet fees. A great portfolio add for investors of all levels. Ifyou are looking for a 1031 exchange, you can end your search with this property. Out of respect to the existingtenants, showing appointments will be accepted after a ratified contract and can be contingent upon viewing ofthe units. PLEASE DO NOT MISS reviewing the additional documents regarding income/expenses/rents/unitdetails/Improvements/utilities/meters etc. All photos are from before the tenants moved in. There is no sign atthe property. Please do not disturb tenants or make unsolicited inquires with them. Seller is consolidatingbusinesses and hence selling.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
www.yorkhomes.net/homes/149067654
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31 Main Street GLEN ROCK, PA 17327

  • Price: $800,000
  • Status: Active
  • On Site: 15 Days
  • ID#: PAYK2058066
0
Beds
0
Baths
0
½ Baths
0.56
Acres
1900
Built
Neighborhood:
Glen Rock Boro (15264)
County:
York
Area:
Glen Rock Boro (15264)
School District:
Southern York County
Property Description
Welcome to this 7 Unit cash cow investment property in the heart of Glen Rock Borough. Situated on the HeritageRail Trail, this property really shines inside and out. The property consists of 6 residential units and one 4,000 sqft commercial storage space with huge exposure display windows. All of the units are rented except thecommercial space which the owner uses currently. The commercial space can currently be used only for storagebut can be converted to suit your needs. Please contact Glen Rock Borough for more information. There is no basement and the property is built slab on grade. Lots of parking available for tenants across from the building in the public parking lot. This exceptionally well-kept turnkeyproperty is 100% professionally managed from day 1 and runs a cap rate of 6.1% with annual rental income of$75,420 which includes utilities reimbursements and pet fees. A great portfolio add for investors of all levels. Ifyou are looking for a 1031 exchange, you can end your search with this property. Out of respect to the existingtenants, showing appointments will be accepted after a ratified contract and can be contingent upon viewing ofthe units. PLEASE DO NOT MISS reviewing the additional documents regarding income/expenses/rents/unitdetails/Improvements/utilities/meters etc. All photos are from before the tenants moved in. There is no sign atthe property. Please do not disturb tenants or make unsolicited inquires with them. Seller is consolidatingbusinesses and hence selling.
Exterior Features

Construction Materials Block Garage YN No Lot Features Backs to TreesSloping Parking Features Public Parking Types Off SiteParking Lot Property Condition Very GoodGood Riparian Rights YN No Roof RubberMetalShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9589.00 Cooling Heat Pump(s) Heating Heat Pump - Electric BackUpHot Water Heating YN Yes Net Square Feet 9589.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 26583.00 Assessment Year 2023 Business Type Apartment BuildingStorage Central Air YN No Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water Multi-tankNatural Gas Municipality GLEN ROCK BORO Navigable Water YN N Net Operating Income 48837.00 New Construction YN No Number Of Units Total 7 Original MLSNumber 802936889504 Owner Pays GasInsuranceLawn/Shrub CareManagementRepairsSnow RemovalTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5945.00 Tax Assessment Amount 196490.00 Tax Lot 0036 Vacation Rental YN No Water Source Public Zoning VILLAGE CENTER Zoning Description See attached document

Listing courtesy of Foundation First Property Group: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
 
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Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty
2525 Eastern Blvd.
York PA, 17402