CHARIS REALTY GROUP

3704-3706 A & B DAVIDSBURG RD.

DOVER , PA 17315

MLS#: PAYK2073398

$995,000

Status: Closed
Listing number: PAYK2073398
Listing provided by: Iron Valley Real Estate of York County
Listing agent phone: None
Last update: 10 months ago
On site: 1 year, 1 month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

N/A

Six unit townhome property located in Dover, PA. Property is located directly across the street from Lehr Park / Dover Area Community Center which features a playground, library, walking/ fit trail, and ball fields. Minutes from Walmart and the West Manchester Shopping Center. Each of the six townhomes features two bedrooms, one bathroom, and a basement with washer and dryer hookups, making them highly functional and desirable for residents. All units come with private decks, offering outdoor space. The property underwent a complete rehab in 2021, which included modernized kitchen cabinets, sinks, appliances, flooring, and paint, along with updated bathrooms featuring new vanities, mirrors, and fixtures. Additionally, the parking lot was blacktopped in 2021, adding convenience and appeal for residents. All utilities are public. Water / Sewer / Trash bills are sent to the landlord, the landlord then bills back the tenants. The net operating income (NOI) is $77,342.99 (Assuming a 7% management fee and using actual profit / loss numbers from 12/1/23 to 11/30/24.). Being sold at a 7.77% cap rate. Tenants pay for all their utilities (water, sewer, trash, electric). Additionally, this property shares a parking lot with another six-unit townhome complex, which is not owned by the same seller. Should that neighboring property become available in the future, it presents a potential opportunity to expand your portfolio with an additional six units. Don’t miss the chance to make it yours!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Driveway, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.56

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $995,000

  • Tax Amount

    10500.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    0082

  • Water Source

    Public

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Location

County

YORK

Elementary School

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High School

Listing Courtesy of Brittani Snyder , Iron Valley Real Estate of York County

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Agent Chris Bollman

AGENT

Chris Bollman

Call Chris today to schedule a private showing.

(814) 215-0017

chris@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Six unit townhome property located in Dover, PA. Property is located directly across the street from Lehr Park / Dover Area Community Center which features a playground, library, walking/ fit trail, and ball fields. Minutes from Walmart and the West Manchester Shopping Center. Each of the six townhomes features two bedrooms, one bathroom, and a basement with washer and dryer hookups, making them highly functional and desirable for residents. All units come with private decks, offering outdoor space. The property underwent a complete rehab in 2021, which included modernized kitchen cabinets, sinks, appliances, flooring, and paint, along with updated bathrooms featuring new vanities, mirrors, and fixtures. Additionally, the parking lot was blacktopped in 2021, adding convenience and appeal for residents. All utilities are public. Water / Sewer / Trash bills are sent to the landlord, the landlord then bills back the tenants. The net operating income (NOI) is $77,342.99 (Assuming a 7% management fee and using actual profit / loss numbers from 12/1/23 to 11/30/24.). Being sold at a 7.77% cap rate. Tenants pay for all their utilities (water, sewer, trash, electric). Additionally, this property shares a parking lot with another six-unit townhome complex, which is not owned by the same seller. Should that neighboring property become available in the future, it presents a potential opportunity to expand your portfolio with an additional six units. Don’t miss the chance to make it yours!

3704-3706 A & B DAVIDSBURG RD.

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