NOT LISTED FOR SALE

610 W Philadelphia St York, PA 17401

Doctors Row Neighborhood
-- Bed
2 Baths
19,000 Sq Ft
0.6 Acres

Last Sold March 03, 2021

Last sale price $505,000 $27 Per Sq Ft

4 Days on Market

Highlights

  • 0.6 Acre Lot
  • No HOA
  • Heating System Uses Steam

About This Home

As of March 2021

Fully occupied complex with 12 tenants paying $8505/month in gross rent and $102,060 annually. The owner pays water, sewer, trash and gas. The tenants pay their own electric. There is off street parking in the rear dedicated parking lot. The CAP rate is almost 10% for your ROI. Adding this building to your portfolio will instantly provide a net cash flow. Pick up 12 units in this sole purchase in this low inventory market.

Last Agent to Sell the Property

Ashley Motter

House Broker Realty LLC License #RS300224 Listed on: 02/13/2021

House Broker Realty LLC

Last Buyer's Agent

Timothy Stoltzfus

Prime Home Real Estate, LLC License #RS353353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.6

Home Design

  • Brick Exterior Construction

Parking

  • 26 Open Parking Spaces
  • 26 Parking Spaces
  • On-Street Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Additional Features

  • Oven
  • 0.6 Acre Lot
  • Finished Basement

Listing and Financial Details

  • The owner pays for gas, trash collection, water, sewer
  • Tax Lot 0045
  • Assessor Parcel Number 11-302-05-0045-00-00000

Community Details

Overview

  • No Home Owners Association
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,500
  • Operating Expense $17,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: refrigerator & oven/range in each unit
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Fully occupied complex with 12 tenants paying $8505/month in gross rent and $102,060 annually. The owner pays water, sewer, trash and gas. The tenants pay their own electric. There is off street parking in the rear dedicated parking lot. The CAP rate is almost 10% for your ROI. Adding this building to your portfolio will instantly provide a net cash flow. Pick up 12 units in this sole purchase in this low inventory market.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven - Single, Refrigerator
  • Fireplace: No
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 19000
  • Living Area Sq Ft: 19000
  • Price Per Sq Ft: 35.00
  • Above Grade Finished Sq Ft: 15000
  • Below Grade Finished Sq Ft: 4000
  • Total Below Grade Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 610

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 26
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 26

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Pest Control Expense: 600.00
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Land Use Code: 211
  • Lot Size Acres: 0.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26001.00
  • Year Assessed: 2021
  • Zoning: APARTMENT
  • Zoning Description: 211 A Apartment Low Rise 1-3 story

Rental Info

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Units Leased Count: 12
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10772307
  • School Tax: 8476.00
  • Tax Annual Amount: 14472.00
  • Assessor Parcel Number: 11-302-05-0045-00-00000
  • Tax Lot: 0045
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/03/2021

Multi Family

  • Gross Income: 102060.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 17000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10

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
03/03/2021 03/03/21 Sold $505,000 -3.8% $27 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $525,000 +136.5% $28 / Sq Ft
08/25/2014 08/25/14 Sold $222,000 -50.7% $164 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $450,000 -- $333 / 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: PAYK153004

Bright MLS