NOT LISTED FOR SALE

4880 E Prospect Rd York, PA 17406

Studio
6 Baths
-- Sq Ft
0.5 Acres

Last Sold April 19, 2024

Last sale price $530,000

111 Days on Market

Highlights

  • Deck
  • Combination Dining and Living Room
  • Property is in very good condition
  • Built-In Features
  • Electric Baseboard Heater

About This Home

As of April 2024

Check out this renovated and income producing six-unit building in Lower Windsor Township. All units are occupied and newly renovated, featuring new flooring throughout, fresh paint, private parking lot (2-3 spaces per unit), beautiful sweeping country views, separated utilities and CASH FLOWING! Gross annual income is over $66,000 -- add this cash cow beauty to your investment portfolio today!! Agents - please see remarks & associated docs for more information. *Listing agent has financial interest*

Last Agent to Sell the Property

Vineeta Kushla

(717) 318-6429 vineeta@ypsrentals.com Yorktowne Property Shoppe, LLC License #RS338882 Listed on: 11/04/2023

Last Buyer's Agent

Nathan Blevins

(610) 637-9564 blevinslandscape@gmail.com Springer Realty Group License #5012385

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Built-In Features
  • Combination Dining and Living Room
  • Stove

Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Private Parking
  • Parking Lot

Outdoor Features

  • Deck

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • On Site Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, water, trash collection, real estate taxes
  • Tax Lot 0062
  • Assessor Parcel Number 35-000-JL-0062-A0-00000

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $45,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property.
  • Historic: No
  • New Construction: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: Built-Ins, Combination Dining/Living
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Dirt Floor, Outside Entrance
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 12

Utilities

  • Central Air Conditioning: No
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Natural Gas Available, Cable Tv Available, Phone Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 900.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good, Good
  • Zoning: A
  • Zoning Description: Agricultural

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 6
  • Owner Pays: Insurance, Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 66756.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • School Tax: 3808.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5048.00
  • Assessor Parcel Number: 35-000-JL-0062-A0-00000
  • Tax Lot: 0062
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 63418.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: EASTERN YORK

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $530,000 -6.2% --
02/23/2024 02/23/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $565,000 -2.6% --
01/02/2024 01/02/24 Price Changed $579,900 0.0% --
01/02/2024 01/02/24 For Sale $579,900 -3.3% --
12/03/2023 12/03/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $599,900 +224.3% --
08/31/2015 08/31/15 Sold $185,000 -8.4% $44 / Sq Ft View Prior Sale
07/02/2015 07/02/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $201,900 -- $48 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,344 $151,250 $25,480 $125,770
2024 $5,079 $151,250 $25,480 $125,770
2023 $5,049 $151,250 $25,480 $125,770
2022 $4,937 $151,250 $25,480 $125,770
2021 $4,786 $151,250 $25,480 $125,770
2020 $4,786 $151,250 $25,480 $125,770
2019 $4,663 $151,250 $25,480 $125,770
2018 $4,554 $151,250 $25,480 $125,770
2017 $4,429 $151,250 $25,480 $125,770
2016 $0 $151,250 $25,480 $125,770
2015 -- $151,250 $25,480 $125,770
2014 -- $151,250 $25,480 $125,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2051120

Bright MLS