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501 W Market Street

YORK, PA 17401
  • $349,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: PAYK2059730
$349,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,264
    SQFT
  • $48
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Middle School:
High School:
School District:

Description

Mixed use property featuring commercial space (currently a church) on the first floor, a garage on the back of the property, and apartments on the 1st, 2nd, and 3rd floors. Total monthly cashflow is $3,445 and leases are attached in Documents. Church $640/month; 1st Floor Apartment (Studio, 1 Bath) $685/month ; 2nd Floor Apartment (4 Bedroom, 2 Bath) $1,000/month; 3rd Floor Apartment (2 Bedroom, 1 Bath) $930/month; Garage $200/month. The second floor apartment is under market-value rent by about $400/month (see report in documents). Annual expenses for 2023 were as follows: Gas $5,550; Electric $398; Wastewater $2,875, Sewer & Water; $2,464.

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www.chesapeakebayproperties.com/homes/150432343
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501 W Market Street YORK, PA 17401

  • Price: $349,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: PAYK2059730
0
Beds
0
Baths
0
½ Baths
0.11
Acres
7,264
SQFT
$48
$/SQFT
1910
Built
Neighborhood:
York City (15201)
County:
York
Area:
York City (15201)
Middle School:
Hannah Penn
High School:
William Penn
School District:
York City
Property Description
Mixed use property featuring commercial space (currently a church) on the first floor, a garage on the back of the property, and apartments on the 1st, 2nd, and 3rd floors. Total monthly cashflow is $3,445 and leases are attached in Documents. Church $640/month; 1st Floor Apartment (Studio, 1 Bath) $685/month ; 2nd Floor Apartment (4 Bedroom, 2 Bath) $1,000/month; 3rd Floor Apartment (2 Bedroom, 1 Bath) $930/month; Garage $200/month. The second floor apartment is under market-value rent by about $400/month (see report in documents). Annual expenses for 2023 were as follows: Gas $5,550; Electric $398; Wastewater $2,875, Sewer & Water; $2,464.
Exterior Features

Architectural Style Other Construction Materials Frame Garage YN No Parking Types Attached Carport Pool No Pool Roof Rubber Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 7264 Basement Partially Finished Basement YN Yes Cooling Window Unit(s) Heating Steam Heating YN Yes Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Other Existing Lease Type Yearly Foundation Details Block Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality YORK CITY Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Original MLSNumber 803002517198 Owner Pays GasSewerTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 4283.00 Tax Lot 0001 Total Actual Rent 3455.00 Vacation Rental YN No Water Source Public Zoning UN-1

 
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Chesapeake Bay Properties | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601