Bought with Jeffrey L Zimmerman • Prime Home Real Estate, LLC
$405,000
$425,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
3,289 Sqft Lot
SOLD DATE : 07/22/2025
Key Details
Sold Price $405,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAYK2083898
Sold Date 07/22/25
Year Built 1900
Annual Tax Amount $4,870
Tax Year 2024
Lot Size 3,289 Sqft
Acres 0.08
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
INVESTOR OPEN HOUSE THIS SATURDAY FROM 11-1PM!! Presenting a fully leased, income-producing 6-unit building ideally situated in a prime location in York, Pennsylvania. This unique property comprises 5 residential units and 1 commercial unit, delivering steady monthly rental income of $5,750. With ample off-street parking featuring 6 dedicated spaces, tenant convenience and accessibility are well-addressed.
Recently secured with a brand new long-term lease in the commercial space, this building is positioned for immediate positive cash flow. Competitively priced at an attractive 9.5% CAP rate, this property offers investors an impressive return on investment. Accounting for management fees, along with 10% allocations for both capital expenditures and maintenance, this property is a reliable and efficient addition to any portfolio.
Profit reports and detailed financials are available upon request, providing transparency and ease of decision-making for prospective buyers. Don't miss this excellent chance to acquire a cash-flowing property with substantial long-term potential.
Invest confidently in York's growing real estate market today.
Location
State PA
County York
Area York City (15201)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air, Radiant
Cooling Central A/C, Window Unit(s)
Heat Source None
Exterior
Garage Spaces 6.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District York City
Others
Tax ID 11-304-04-0014-00-00000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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