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Turnkey 9-Unit Apartment Community
For Sale
$675,000
Pending

101 & 103 W MAIN STREET, Mount Joy, PA 17552

Revitalized 9-unit multifamily property with renovated interiors and off-street parking, delivered with an occupancy permit.

Property Size7,355 SF
Days on Market502

Property Features for 101 & 103 W MAIN STREET

General Information

Standard status Pending
Size 7,355 SF
Total Parking Spaces 9
Property subtype Multi Family

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $10,530

Building Details

Year Built 1840
Tenancy Multi
Listing Agency: Keller Williams Elite
Listed By: Ben Esh · License #RS329980
Source: Exitrealty
Added: Apr 10, 2025 Changed: Aug 23 Last Checked: Aug 24 at 3:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Elite

Investment Insights

Based on property information with market context.

This turnkey 9-unit apartment community comprises two separate buildings and offers a unit mix of seven 1-bedroom apartments and two 3-bedroom apartments. The property has undergone extensive renovations and structural improvements intended to address deferred maintenance concerns. All units except one feature updated finishes and modernized interiors, supporting a more consistent, refreshed living experience across the community. Off-street parking is available for residents with a total of nine spaces.

The property is located within the borough of Mount Joy at 101 West Main Street. It includes both buildings on the site with convenient, straightforward access via off-street parking. The seller is also working through the final details of lifting a condemnation that was due to structural issues that have been remediated.

The current scope of work and readiness for occupancy make this property a practical fit for buyers seeking an income-generating multifamily asset with improvements already completed. Delivery is expected with an occupancy permit, fully prepared for occupancy. Unit 9 is labeled as Unit 10 because the address of that unit is 10 Manheim Street.

Key Highlights

  • 9‑unit apartment community with two buildings; year built 1840
  • Unit mix includes seven 1‑bedroom units and two 3‑bedroom units
  • Extensive renovations and structural improvements; all units except one feature updated finishes and modernized interiors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Daycare Center Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 17552, PA

20,393
Population
8,684
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
32.6 sq mi
ZIP Area
626
Density / Sq Mi
$89,776
Median Household Income
$48,718
Median Earnings
$1,225
Median Rent
$275,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Revitalized 9-unit multifamily property with renovated interiors and off-street parking, delivered with an occupancy permit.
Where is this apartment building located?
The property is located at 101 & 103 W MAIN STREET Mount Joy, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 9‑unit apartment community with two buildings; year built 1840; Unit mix includes seven 1‑bedroom units and two 3‑bedroom units; Extensive renovations and structural improvements; all units except one feature updated finishes and modernized interiors
More about this property
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