Bought with Blake Anthony Brubaker • Howard Hanna Real Estate Services - Lancaster
$500,000
$550,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 05/22/2026
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAYK2099604
Sold Date 05/22/26
Style Victorian
Year Built 1885
Available Date 2026-03-20
Annual Tax Amount $10,597
Tax Year 2025
Lot Size 0.517 Acres
Acres 0.52
Property Sub-Type Detached
Source BRIGHT
Property Description
Turnkey 6-Unit Multifamily | Strong Cash Flow | Desirable cap rate | Off-Street Parking
Excellent opportunity to acquire a fully rented 6-unit multifamily property offering immediate cash flow and long-term upside. This well-maintained asset features six (6) one-bedroom units with consistent rental income and a stable tenant base.
The property includes a large off-street parking lot, a highly desirable amenity that enhances tenant convenience and retention. Additional income is generated through an on-site coin-operated laundry facility, providing supplemental revenue.
Several units include utility reimbursements, helping offset operating expenses and improve overall net operating income. Investors will appreciate the low expense ratio, consistent rent roll, and opportunity to increase rents to market levels, further enhancing returns and overall value.
Location
State PA
County York
Area York City (15201)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source None
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 10
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District York City
Others
Tax ID 11-336-02-0005-00-00000
Ownership Fee Simple
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Cash, Bank Portfolio, Other
Listing Terms Cash, Bank Portfolio, Other
Financing Cash,Bank Portfolio,Other
Special Listing Condition Standard
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