1423 W King St, York, PA 17404

Description

Opportunity awaits with this highly desirable West York duplex! 1423 W King Street is being offered in conjunction with 1425 W King Street, parcel ID 88-000-06-0010.00-00000, providing an opportunity to add two income-producing properties to your existing portfolio. Currently bringing in $21,900 a year with potential of $34,680 + gross annual income. Both units feature open dining and living spaces, spacious kitchens with additional pantry and storage, and fenced-in yards with detached garage space. Residents can enjoy this highly desirable West York School District neighborhood on their rear balcony overlooking the railroad tracks and views of West York. Upstairs, you will find 3 spacious bedrooms on each side. 1423 boasts a spacious first floor bath and laundry area while 1425 provides washer/drier hook ups in basement with the bathroom located on the 2nd floor. 1423 W King is currently occupied by a long-term tenant paying $875/month who would like to remain in the property. Projected future rental potential of $1,395+/month. A detached garage at the rear offers additional income potential and is currently not rented, with estimated rental potential of $100+/month. The property is professionally managed by Elite Property Management, which is willing to continue management under new ownership for a seamless transition. Great opportunity for an investor looking for established rental income with room for future growth.

1425 West King Street is occupied by a long-term tenant currently paying $950/month. This property has future rental income potential of $1395 +. Current tenants would like to stay and also rent/utilize garage in the rear of this parcel. Both tenants are on month-to-month leases.

Both properties are tenant occupied; please allow appropriate notice for showings.