$220,000
A real estate investment with mixed use versatility!
This is 5 W. Maple Street in East Prospect.
Whether you're looking to add to your investment portfolio or hoping to offset your mortgage by living in one unit while renting the other, this property offers an affordable opportunity to do either.
This well-maintained two-unit property features two spacious two-bedroom apartments, each with its own character. The first-floor unit offers an open great room that combines the living and dining areas with a comfortable kitchen and two bedrooms. The second-floor apartment features hardwood floors, a separate living room, dining room, family room, two bedrooms, and a full bath. Vaulted ceilings with exposed beams in the dining and family rooms create an interesting space full of character that's not often found in rental properties.
The property has a rich history as well. According to the current owner, the building originally served as a cigar factory before later becoming a neighborhood bakery.
Current rents are $900 per month for the first-floor apartment and $850 per month for the second-floor apartment. There may be an opportunity for future rental increases, making this an attractive option for both investors and owner-occupants looking to build equity while generating income.
One of the standout features is the detached garage and workshop. The main garage measures approximately 20' x 30' and is complemented by a 15' x 15' workshop addition with ample electrical service. Already framed for a potential second story, this versatile space could be ideal for hobbies, storage, a workshop, or even provide additional rental opportunities depending on your needs and local regulations.
Lifestyle in East Prospect is easy to sell to prospective tenants: a close-knit community with hometown traditions throughout the year. Annual parades, fireworks, and local events bring neighbors together, while nearby parks, ball fields, playgrounds, and walking trails provide plenty of opportunities to get outdoors. Grab a pizza at Pizzatown, enjoy a meal at Becky's Kitchen, or spend an afternoon on the Susquehanna River at nearby Long Level Marina. East York's shopping, restaurants, and everyday conveniences are only about 15 minutes away.
If you've been looking for a property that offers immediate income, long-term potential, and the flexibility to fit your goals, schedule your showing today at 5 W. Maple Street. The home has been well cared for over the years. While the roof is nearing the end of its expected lifespan, the current owner reports that it does not leak, and the home has been priced with this in mind. Utilities are separated. Owner pays sewer & water. This property is sold as-is.
5 W Maple St, East Prospect
Listing courtesy of RE/MAX Pinnacle. Contact: 7175692222