704 West Princess Street

York, PA 17401

$154,900
Price
Beds
2,298 Sq. Ft.
$67 / Sq. Ft.
2,298
Sq. Ft.
$67
per Sq. Ft.

Description

Attention investors! Here’s a 3 (maybe it could be 4 income generating units in total if you include the 1 car garage to the rear) triplex property. New roof Feb of 2023! This unit has 3 apartments which are as follows: Apt 1: 1 Bedroom, 1 Bath $775 mo. to mo. written lease. Apt 2: 2 Bedrooms, 1 Bath $850 mo. to mo. written lease. Apt 3: 1 Bedroom, 1 Bath $625 mo. to mo. Unit 1 is located on the ground floor and has access to the basement. The exterior has 5 electrical boxes. Tenants pay all electric....Attention investors! Here’s a 3 (maybe it could be 4 income generating units in total if you include the 1 car garage to the rear) triplex property. New roof Feb of 2023! This unit has 3 apartments which are as follows: Apt 1: 1 Bedroom, 1 Bath $775 mo. to mo. written lease. Apt 2: 2 Bedrooms, 1 Bath $850 mo. to mo. written lease. Apt 3: 1 Bedroom, 1 Bath $625 mo. to mo. Unit 1 is located on the ground floor and has access to the basement. The exterior has 5 electrical boxes. Tenants pay all electric. Garage has it’s own electrical box. 1 Common area electrical box for owner. Owner pays all heat, water, sewer and garbage. Tenants pay electric. 1 Furnace in the bsmt is controlled by the tenant on the 1st floor. Owner pays for all hot water and cooking gas as well. This property provides a monthly rental cash flow of $2,250 per month which is $27,000 per year. Yearly Expenses: $12,901
Net Operating Income: $14,099. Cap Rate of 8.65%. Expenses are: Gas $3,302, Water $1,260, Sewer $1,260, Insurance $750, Maintenance $1,000, Vacancy Factor of 5% is $1,350, Code Inspections $450, Taxes $2,545, Garbage $984. All written leases can be downloaded - ask your Realtor® to look in the associated docs for more documentation. All tenants have been informed they will be notified of all showings. Please schedule showings between 9 AM and no later than 8 PM. West King Street is a wide street with updated public lamp lighting and recently paved very smooth streets. 1st floor unit with access to the basement could have a coin operated washer and dryer installed with some work. Some water in basement likely from alley way needing to be caulked. Unit 3 is only accessible via the rear metal fire escape. Unit 1 tenant has furniture in front of the door via the vestibule. Unit 1 and Unit 2 have front and rear accesses. Unit 3 is only accessible via the 3 story fire escape. Presently this property is being well managed by Yorktowne Property Shoppe which is located only a few blocks away from this property.
  1. Listed by Andrew T Smith • Berkshire Hathaway HomeServices Homesale Realty
    P: 7175421207 drew@calldrew.com
  2. Listed by Rick D Smith • Berkshire Hathaway HomeServices Homesale Realty
    P: 7177188470 rick@ricksmithteam.com

Property Details for 704 West Princess Street

Tax ID Number
09-216-07-0003-00-00000
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Unit/Flat
Waterfront
No
Views
Street
Garage
Yes
Cross Street
South Belvidere Street

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
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LISTING UPDATED: 04/19/2024 08:45 PM

Property Details for 704 West Princess Street

StatusActive
MLS #PAYK2054028
Days on Market117
Taxes$2,689 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.04 AC / 1,699 SF
CountyYork County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
Add your commute

Building Information for 704 West Princess Street

Stories-Residences3Year Built1900Building Size-Lot Size0.04 AC / 1,699 SF

Payment Calculator

$1,069 per month

30 year fixed, 7.25% Interest

Principal and Interest

$845

Property Taxes

$224

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 704 West Princess Street

Location
Location
  • School District Name: YORK CITY
  • School District County ID: 300200397213
  • SchoolDistrictSource: Listing Agent
  • County: YORK
  • MLS Area: York City (15201)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $42,940
  • Year Assessed: 2023
  • County Tax: $296
  • Improvement Assessed Value: $0
  • City Town Tax: $814
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 122
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Zoning Dscrp: Residential Multi-unit
  • Tax Lot: 0003
  • School Tax: $1,578
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Gas, Heat, Insurance, Management, Sewer, Taxes - Real Estate, Water, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 5.00%
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $750
  • Maintenance Expense: $1,000
Financial Information
  • Annual Rental Income: $27,000
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Road Surface Type: Black Top, Paved
  • Road Responsibility: City/County
  • Location Type: Middle Of Block
  • Parcel ID: 10776264
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Oven/Range - Gas, Refrigerator
  • Accessibility Features: None
  • Security Features: Smoke Detector
Exterior Features
Exterior Features
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: REALTORS Association of York & Adams Counties (PA)

Property History for 704 West Princess Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 704 West Princess Street

Taxable ValueLand$7,740Additions$35,200Total$42,940
Tax Record2023$2,666 ($222 / month)
Home Facts
Baths2Total Finished SqFt2,298 SqFtAbove Grade Finished SqFt2,298 SqFtStories3Lot Size1,699 SqFtStyleDuplexYear Built1900ZoningRSCountyYORKAPN09-216-07-0003.00-00000

Schools near 704 West Princess Street

This home is within York City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 3 to 8
Private - K to 9
Rating
School
Distance
Ferguson School
PublicPK to 8

William Penn Senior High School
Public9 to 12

Edgar Fahs Smith STEAM Academy
Public3 to 8

Grace Words Christian Academy
PrivateK to 9

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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704 West Princess Street is a multi-family home for sale in York, PA 17401. This property was listed for sale on January 2, 2024 by Berkshire Hathaway HomeServices Homesale Realty, it's currently listed at $154,900. It has been on the market for a total of 117 days and was last sold on December 18, 2020. This listing's school district is York City School District. Nearby schools include Ferguson School, William Penn Senior High School and Edgar Fahs Smith STEAM Academy. 704 West Princess Street is a 0-bed, 0-bath, 2,298 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty

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.