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7 Properties On W, York, PA, 17401

1beds
--baths
22,447sqft
$1,100,000
$49price/sqft
$10,177/moest. monthly cost
$407,080/yrincome needed

About This Home

Exceptional opportunity to acquire a seven-property for a total of 8 units investment portfolio on West Jackson Street in York City. The portfolio consists of 150, 228, 230, 259, 261, 264, and 274 W Jackson St, all individually deeded properties being offered together. Most properties are rented by the room and primarily serve the student housing market, though they can also be rented to non-students. Many of the properties have six tenants each and utilities are largely paid by tenants or billed back to them, helping reduce owner expenses. The portfolio has historically maintained strong occupancy with only two semesters of vacancy in the past five years. York City inspects student properties annually, with certain properties inspected every other year. Investors will appreciate the ability to acquire multiple income-producing properties in a concentrated location with immediate cash flow and future upside through rent normalization and operational improvements.

Getting Around

62
WalkingSomewhat Walkable
33
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
Jackson SchoolGrades PK-80.5 mi
3/10

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Other,Electric

Interior Area

  • Total structure area: 22,447
  • Total interior livable area: 22,447 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 081660600120000000
  • Zoning: RESI/STUDENTHOUSING/MULTI
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 0.35 Acres

Parking

  • Total spaces: 4
  • Parking features: On Street,Off Street
  • Has uncovered spaces: Yes