NOT LISTED FOR SALE
-- Bed
4 Baths
4,557 Sq Ft
4,557 Sq Ft Lot

Last Sold February 17, 2022

Last sale price $190,000 $42 Per Sq Ft

11 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Corner Lot
  • 0.1 Acre Lot
  • Wood Flooring
  • Double Door Entry

About This Home

As of February 2022

Attention investors! This FULLY LEASED 4-Unit property, is a great opportunity for someone looking to generate monthly cashflow. 3 2-bedroom units and 1 1-bedroom unit. With a high profile location in Downtown York, high traffic counts, and 6 off street parking spaces, the possibilities are limitless! Located at the intersection of Philadelphia and Market Street, the units offer a spectacular view of York City and receives an estimate of over 10,000 vehicles driving by each day, putting all eyes on the newest addition to your portfolio! Current rents are below market value so there is room to add even more income! Each unit contains a utility closet that houses the hot water heater, electric panel, and furnace making for easy maintenance. But the new owner needn't worry about that as the property is currently under professional management! Gas and electric meters are separated, allowing for tenants to pay their own electric and heat. Owner pays water and sewer. Please contact listing agent with any questions.

Last Agent to Sell the Property

Kenneth Stinebaugh

Lime House License #RS345796 Listed on: 12/03/2021

Co-Listed By

Sergio Mannino

Lime House

Last Buyer's Agent

Federico Busacca

EXP Realty, LLC License #RS351832

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 1970

Lot Details

  • 4,557 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Plaster Walls
  • Slate Roof
  • Asbestos Shingle Roof
  • Rubber Roof

Interior Spaces

  • 4,557 Sq Ft Home
  • Ceiling Fan
  • Double Door Entry
  • City Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Fire Escape

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $16,903

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 0028
  • Assessor Parcel Number 02-023-01-0028-00-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional, Victorian
  • Ownership: Fee Simple
  • Exclusions: tenant owned appliances and personal property
  • Inclusions: Owner owned appliances in units
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 1970
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Attention investors! This FULLY LEASED 4-Unit property, is a great opportunity for someone looking to generate monthly cashflow. 3 2-bedroom units and 1 1-bedroom unit. With a high profile location in Downtown York, high traffic counts, and 6 off street parking spaces, the possibilities are limitless! Located at the intersection of Philadelphia and Market Street, the units offer a spectacular view of York City and receives an estimate of over 10,000 vehicles driving by each day, putting all eyes on the newest addition to your portfolio! Current rents are below market value so there is room to add even more income! Each unit contains a utility closet that houses the hot water heater, electric panel, and furnace making for easy maintenance. But the new owner needn't worry about that as the property is currently under professional management! Gas and electric meters are separated, allowing for tenants to pay their own electric and heat. Owner pays water and sewer. Please contact listing agent with any questions.
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Flooring Type: Laminated, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Door Features: Double Entry
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished, Outside Entrance
  • Total Sq Ft: 4557
  • Living Area Sq Ft: 4557
  • Price Per Sq Ft: 43.87
  • Above Grade Finished Sq Ft: 4557
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 55

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Roof: Slate, Rubber, Asbestos Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Lighted Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Cable Tv Available
  • Water Source: Public

Schools

  • School District: YORK CITY
  • School District Key: 300200397213
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 211
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4557.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 29280.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10774648
  • School Tax: 5076.00
  • Tax Annual Amount: 8597.00
  • Assessor Parcel Number: 02-023-01-0028-00-00000
  • Tax Lot: 0028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/17/2022

Multi Family

  • Gross Income: 2445.00

MLS Schools

  • School District Name: YORK CITY

Range of Values:

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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 Change Sq Ft Price
02/17/2022 02/17/22 Sold $190,000 -5.0% $42 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $199,900 +33.3% $44 / Sq Ft
07/29/2020 07/29/20 Sold $150,000 -3.2% $33 / Sq Ft
07/27/2020 07/27/20 For Sale $155,000 +3.3% $34 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/17/2020 04/17/20 Off Market $150,000 -- --
03/18/2020 03/18/20 Price Changed $155,000 -8.3% $34 / Sq Ft
03/13/2020 03/13/20 For Sale $169,000 -- $37 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2010134

Bright MLS