200 East Main Street
200 East Main Street
Pending
Pending
Description
Discover a lucrative investment in this well-maintained multi-unit property, strategically positioned to yield impressive returns. Comprising three 2-bedroom units and one 3-bedroom unit, this income-generating asset is a prime example of enduring value in the real estate market. Key Features:
First Floor Excellence: The first floor boasts two 2-bedroom units leased under the Section 8 program at a competitive rate of...Exceptional Investment Opportunity: Multi-Unit Property with Strong Rental History
Discover a lucrative investment in this well-maintained multi-unit property, strategically positioned to yield impressive returns. Comprising three 2-bedroom units and one 3-bedroom unit, this income-generating asset is a prime example of enduring value in the real estate market. Key Features:
First Floor Excellence: The first floor boasts two 2-bedroom units leased under the Section 8 program at a competitive rate of $650/month. Tenants are responsible for all utilities, ensuring a hassle-free investment experience. Second Floor Charm: The second floor offers a 3-bedroom unit, also under Section 8, with tenants contributing $650/month towards rent and covering utilities independently. Lower Level Luxury: A spacious 2-bedroom unit on the lower level, leased under Section 8 for $850/month, provides a higher rental income while maintaining the convenience of tenant-paid utilities. Detached House with Garage: The rear detached house, featuring an attached garage, is currently leased for $650/month. The potential for increased rental income, especially by separately renting the garage, opens the door to maximizing returns (potentially $1,000/month). Income Potential:
This property not only presents a solid financial foundation but also offers room for growth. Cosmetic updates, such as painting and refinishing floors, have the potential to enhance monthly income by an additional $1,000. Strategic Location:
Situated in an area with a demonstrated demand for Section 8 housing, this investment is well-positioned for stability and growth. The ability to increase rents annually, backed by guaranteed government subsidizing as outlined in the leases, further secures the long-term profitability of this asset. Tenant Loyalty:
Several tenants have been part of this community since 2009, attesting to the property's appeal and the landlord's commitment to tenant satisfaction. Don't miss out on this rare opportunity to acquire a multi-unit property with a proven track record and significant potential for increased returns. Contact us today to schedule a viewing and explore the possibilities of this outstanding investment.
- Listed by Bradley J Bygall • Lime HouseP: 7177980995 bbygall@limehouserealty.com
- Listed by Zachary J Bygall • Lime HouseP: 7176122482 zbygall@limehouserealty.com
Property Details for 200 East Main Street
Location
Property Details for 200 East Main Street
| Status | Pending |
|---|---|
| MLS # | PASK2013854 |
| Days on Market | 58 |
| Taxes | $2,934 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1955 |
| Lot Size | 0.10 AC / 4,356 SF |
| County | Schuylkill County |
Location
Building Information for 200 East Main Street
Payment Calculator
$1,527 per month
30 year fixed, 7.25% Interest
$1,282
$245
$0
Property Information for 200 East Main Street
- School District Name: NORTH SCHUYLKILL
- School District County ID: 300200397009
- SchoolDistrictSource: Listing Agent
- County: SCHUYLKILL
- MLS Area: Girardville Boro (13345)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $34,340
- Year Assessed: 2023
- County Tax: $528
- Improvement Assessed Value: $29,530
- City Town Tax: $779
- Land Assessed Value: $4,810
- Clean Green Assessed: No
- Land Use Code: 101
- Agricultural Tax Due: No
- Historic: No
- Zoning: MULTIUNIT
- Tax Lot: 99
- School Tax: $1,605
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 3
- Three Bedroom Units Count: 1
- Units Leased Count: 4
- Building Units Total: 4
- Total Finished SQFT: .00
- Total Finished SQFT Source: Estimated
- Tax Total Finished SQFT: .00
- Total SQFT: .00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Roof: Unknown
- Basement Type: Combination
- Foundation Details: Block
- Lot Size Source: Estimated
- Parcel ID: 9646415
- Ground Rent Exists: No
- Type Of Parking: Attached Garage
- Num of Attached Garage Spaces: 2
- Total Garage Spaces: 2
- Garage Features: Garage - Rear Entry
- Fireplace: No
- Accessibility Features: 32"+ wide Doors, Elevator
- Spa: No
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Energy Star Heating System
- Heating Fuel: Oil, Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: REALTORS Association of York & Adams Counties (PA)
Property History for 200 East Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 200 East Main Street
Schools near 200 East Main Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 12 | |||
| Private - | PK to 6 |
Rating | School | Distance |
|---|---|---|
North Schuylkill Elementary School PublicK to 6 | ||
North Schuylkill Junior-Senior High School Public7 to 12 | ||
Immaculate Heart School PrivatePK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Lime House
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.