24 W College Ave, York, PA 17401

Now is the time to jump on this super cute investment property! Mostly maintenance free exterior! Public water, public sewer. Most investors know that any investment property that generates a 10% cap rate or better is just a "buy it!" opportunity. This property generates an 11.21% cap rate. This home was just rented in May of 2021 & the lease expires 5/31/22. The rent is $600/mo & the security deposit held by Target Investments is $600. For an investor it's as easy as can be! This home has an updated kitchen, an update full bath & the refrigerator & the stove are included in the sale. Tenants pay all utilities. The roof is asphalt shingle & the furnace is a gas boiler. The water heater is a 30 gallon water heater. Don't miss out on this great opportunity. Insurance cost $148/yr. Maintenance $750/yr. Vacancy Factor 5% = $360/yr. Codes inspection $195/yr. Taxes = $1,609/year. Total income $4,138, Total expenses $3,062. Total cap rate of 11.21%.