Victorian Triplex with
For Sale
$429,900
110 N YORK Street, Etters, PA 17319
Multi-Family, ETTERS, PA
Property Size3,892 SF
Lot Size0.23 Acres
Price / SF$110.46
Days on Market9
Property Features for 110 N YORK Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street, Off Street
Elementary school district
WEST SHORE
Middle school district
WEST SHORE
High school district
WEST SHORE
Standard status
Active
Size
3,892 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
4043
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1900
Number of units
3
Building materials
Stick Built
Architectural style
Victorian
Listing Agency:
Turn Key Realty Group
(717) 775-7000
Listed By:
Mauri Balsbaugh · License #RS347688
(717) 903-7027
Added: Aug 14
Changed: Aug 19
Last Checked: Aug 22 at 8:06AM
MLS# PAYK2109380
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Victorian-style triplex contains 3,892 square feet within a stick-built structure constructed in 1900. The property includes three residential units and two garage spaces that are rented. Electric baseboard heating serves the building, with additional parking available off street and on street.
Located at 110 N York Street in Etters, Pennsylvania, the property occupies a 0.23-acre lot in York County. Its three-unit configuration, garage component, and established construction provide a straightforward multifamily format for residential income ownership.
Located at 110 N York Street in Etters, Pennsylvania, the property occupies a 0.23-acre lot in York County. Its three-unit configuration, garage component, and established construction provide a straightforward multifamily format for residential income ownership.
Key Highlights
- Three‑unit triplex configuration
- 3,892 square feet on a 0.23‑acre lot
- Two rented garage spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,618
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$772,360
$772.4K
Cap Rate 7%
$551,686
$551.7K
Cap Rate 9%
$429,089
$429.1K
Market Conditions
NOI Build-Up for 3,892 SF
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.
Gross rent
$58.4K $15.00/SF
− Vacancy
−$3.2K −$0.83/SF
EGI
$55.2K $14.17/SF
− OpEx
−$16.6K −$4.25/SF
NOI
$38.6K $9.92/SF
Area
York County, PA
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$772,360
Cap Rate 7%
$551,686
Cap Rate 9%
$429,089
Alternative Uses
Best Use
Multifamily LT 5
$551.7K
$482.7K – $643.6K
NOI $38,618 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$512.5K
$448.4K – $597.9K
NOI $35,872 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$1.13M
$986.0K – $1.31M
NOI $78,881 @ 7.0% cap · market cap 18.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 17319, PA
10,950
Population
4,386
Households
2.5
Avg Household Size
40
Median Age
25%
College-Educated
98%
High-School Grad
16.8 sq mi
ZIP Area
652
Density / Sq Mi
$101,610
Median Household Income
$48,737
Median Earnings
$1,147
Median Rent
$230,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential income property with off-street and on-street parking.
Where is this triplex located?
The property is located at 110 N YORK Street Etters, PA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Three‑unit triplex configuration; 3,892 square feet on a 0.23‑acre lot; Two rented garage spaces
