101 West Main Street, Mount Joy, PA 17552
Revitalized 9-unit multifamily property with renovated interiors and off-street parking, delivered with an occupancy permit.
- Added:
- Jun 12, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 2:48 am
Property Features for 101 West Main Street
General Information
- Standard status
- Active
- Size
- 7,355 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1840
Listing agent Ben Esh License #PA RS329980
Listing office Astoria Realty (717) 425-6264
Listing date Jun 12, 2026
Source Crexi
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 Astoria Realty
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
- Off‑street parking for 9 vehicles
- Seller is working through final details to lift condemnation related to structural issues that have been remediated
- Property will be delivered with an occupancy permit and fully prepared for occupancy
Overview
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.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.4k | $18.00 |
| − Vacancy | −$662 | −$0.09 |
| EGI | $131.7k | $17.91 |
| − OpEx | −$59.3k | −$8.06 |
| NOI | $72.5k | $9.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Joy
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.4985602
- Latitude
- 40.1094242
