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Property Description

This well-maintained duplex presents an excellent opportunity for long-term investors seeking steady income with limited overhead. The property features two units: the upper unit is a 3-bedroom, 1-bath currently rented at $1,070 per month, offering immediate cash flow, while the lower 2-bedroom, 1-bath unit is vacant and move-in ready--perfect for adding an additional income stream or occupying as an owner.

Each unit is separately metered for gas and electric, and both have their own dedicated water heaters, giving tenants full control over their own utility usage. The landlord is only responsible for water, sewer, and trash, which significantly reduces operating expenses. The heating system has been upgraded with a recently replaced natural gas boiler, and both water heaters are newer, minimizing future maintenance costs. Total annual costs for landlord for water/sewer/trash is $1,500/year.

The property is clean throughout, with a dry basement providing additional storage or utility space. Both units have two egress points, ensuring safety and compliance. A two-car garage with alley access sits at the rear of the property, adding value and potential appeal for tenants.

This is a turn-key investment with strong fundamentals, low expenses, and room to increase value over time. Whether you're growing your portfolio or seeking a reliable, low-maintenance asset, this duplex is a smart long-term hold.

Overview

Property Status
Sold
Lot Size
1,638 Sq.Ft.
MLS ID
PAYK2085332
Property Type
Multi-Family
Year Built
1900

Features & Amenities

Total Area
1,872 Sq.Ft.
Architecture Styles
Colonial
Stories
3
Garage Spaces
1.0
Water Source
Public
Utilites
Natural Gas Available, Electricity Available
Pool
None
Roof
Rubber
Parking
On Street, Private, Garage, Detached
Heat Type
Natural Gas, Forced Air, Radiant
Air Conditioning
None, Electric
Appliances
Range, Electric Water Heater, Built-In Range
Sewer
Public Sewer
Substructure
Stone
School District
YORK CITY
Sales Price
$173,000
Real Estate Tax
$2,378/yr
Zoning
RESIDENTIAL

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414 S GEORGE STREET

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414 S GEORGE STREET
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