NOT LISTED FOR SALE

606 E Market St York, PA 17403

Northeast York Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,080 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $380,000

48 Days on Market

Highlights

  • Federal Architecture
  • 90% Forced Air Heating System
  • 4-minute walk to Aries Park

About This Home

As of March 2024

Great Cash Flowing Investment Opportunity! This well-maintained brick 6-unit property consists of 5 spacious 1-bedroom apartments and a 2-bedroom unit. Each unit has undergone recent renovations in the past year, resulting in very low maintenance. Every unit features a gas forced-air heating system, water heater, and its own electric meter. These features, combined with the current professional management in place, have contributed to attracting excellent residents and minimizing turnover. This is advantageous for landlords, as tenant payments are reliable, adding predictability to the investment. The net income for this property is nearly $43,000 per year and could be easily improved, considering that the substantial renovation work on each unit is already completed. This property is a solid, cash-flowing investment, ideal for any investor looking to expand their portfolio this year! Reach out for more information and to schedule a showing today!

Last Agent to Sell the Property

Isaac Spearman

Renaissance Realty Sales, LLC Listed on: 01/05/2024

Last Buyer's Agent

John MacDonald

Core Partners Realty LLC License #RS342306

Core Partners Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1900

Lot Details

  • 3,080 Sq Ft Lot

Home Design

  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Rubber Roof

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, real estate taxes, common area maintenance
  • Tax Lot 0010
  • Assessor Parcel Number 12-381-10-0010-00-00000

Community Details

Overview

  • 4 Units
  • Apts Community

Building Details

  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,300

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-01-06
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great Cash Flowing Investment Opportunity! This well-maintained brick 6-unit property consists of 5 spacious 1-bedroom apartments and a 2-bedroom unit. Each unit has undergone recent renovations in the past year, resulting in very low maintenance. Every unit features a gas forced-air heating system, water heater, and its own electric meter. These features, combined with the current professional management in place, have contributed to attracting excellent residents and minimizing turnover. This is advantageous for landlords, as tenant payments are reliable, adding predictability to the investment. The net income for this property is nearly $43,000 per year and could be easily improved, considering that the substantial renovation work on each unit is already completed. This property is a solid, cash-flowing investment, ideal for any investor looking to expand their portfolio this year! Reach out for more information and to schedule a showing today!
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 606

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: 201
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3080.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL MULTI FAMILY

Rental Info

  • Owner Pays: Water, Sewer, Trash Collection, Taxes - Real Estate, Common Area Maintenance
  • Vacation Rental: No

Tax Info

  • School Tax: 2523.00
  • Tax Annual Amount: 4300.00
  • Assessor Parcel Number: 12-381-10-0010-00-00000
  • Tax Lot: 0010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/15/2024

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
03/15/2024 03/15/24 Sold $380,000 -9.3% --
02/23/2024 02/23/24 Pending -- -- --
02/11/2024 02/11/24 Price Changed $419,000 -1.4% --
01/05/2024 01/05/24 For Sale $425,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Isaac Spearman

    Seller's Agent in 2024

    Isaac Spearman

    Renaissance Realty Sales, LLC

    (717) 825-8466

    9 in this area

    83 Total Sales

    Section Image
  • John MacDonald

    Buyer's Agent in 2024

    John MacDonald

    Core Partners Realty LLC

    (717) 495-2443

    7 in this area

    128 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAYK2054052

Bright MLS

Pennsylvania York County York 17403 Northeast York

606 E Market St, York, PA

This home is located at 606 E Market St, York, PA 17403 since 05 January 2024. This property was built in 1900. 606 E Market St is a home located in York County with nearby schools including Hannah Penn Middle School, Davis School, and William Penn Senior High School.

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