CURRENT HOLDINGS
527 West Market Street
York, Pa. 17401
Purchase Price $82,900
Renovation Cost Approximately $10,000
Property Type Multi-Unit Rowhouse,
Detached Garage
Return on Investment 3.00%
2232 North 4th Street
Harrisburg, Pa. 17110
Purchase Price $37,900
Renovation Cost $24,400
Property Type Single Family Rowhouse
Five Bedrooms, One Bathroom,
Detached Garage
Return on Investment 10.78% |
527 West Market Street, York, Pa. 17401
Purchased in January 2008 from a local contractor, 527 West Market is a two-unit residential property located in the Doctor's Row area of York, Pa. Doctor's Row is a neighborhood on the west end of York that once housed prominent physicians and features many large historic properties. The first unit consists of a one bedroom, one bathroom unit on the first floor and includes the basement as storage space, and the second unit consists of the four bedrooms and one bathroom located on the second and third floors. The kitchens and bathrooms were updated prior to purchase and final buildout, carpet and paint were completed subsequent to purchase. The property features a large linear backyard and two garage units, amenities that prospective tenants find very desirable. The property has been rented to Section 8 as well as unsubsidized tenants and grosses $1,279.00 per month. |