Property Description
7-Unit residential investment property for sale in Glen Rock Borough. Situated along the popular Heritage Rail Trail in Southern York County. This property consists of 6 residential units and one 4000 sq. ft. commercial storage space. All of the units are fully rented with yearly leases except the commercial space which the owner uses currently. The storage space must be used for storage, but can be completely converted to fit your needs. Please contact Glen Rock Borough for more information. There is no basement and the property is built slab on grade. Lots of parking available for tenants across from the building in the public parking lot. This property runs a cap rate of 6.1% with annual rental income of $75,420 which includes utility reimbursements and pet fees. A great portfolio for investors of all levels. Out of respect to the existing tenants, showing appointments will be accepted after a ratified contract and can be contingent upon viewing of the units. Please do not disturb tenants or make unsolicted inquiries with them.
MLS #:
PAYK2058066
Floors: 4