223 E KING ST York, PA 17403

Rare chance to own a turn key rental property just a half a block from the desirable Royal Square in Downtown York City. This semi-detached, tenant occupied property has tremendous curb appeal with the recently remodeled exterior. The property has three bedrooms, a large dining room, a nice kitchen and one full bathroom. With Hardwood floors throughout, a private yard, and a large detached garage this makes a very nice home. This is a very desirable investment property due to the low property taxes, no deferred maintenance, and well-established rent roll. This property will cash flow from day one. The total annual expenses are $2,302. The total rental income per year is $10,200. That is an NOI of $7,898.
With a positive cash flow of $658 per month this property will operate at an 10.54% CAP rate. The seller is willing to provide the buyer with a 1 year home warrant with the purchase of the property. This will not last long. Call today! Pre-approval or proof of funds must be received before showing will be approved.