Victorian Residential Income
For Sale
$234,900
Pending
158 S PERSHING AVENUE, York, PA 17401
CM-zoned property with electric baseboard heat, a balcony, and walk-out access near York City Square.
Property Size2,880 SF
Days on Market109
Property Features for 158 S PERSHING AVENUE
General Information
Standard status
Pending
Size
2,880 SF
Property subtype
Residential Income
Zoning
CM
Net Operating Income
$24,130
Taxes and HOA fees
Annual Taxes
$4,170
Amenities
Sidewalks, Street Lights
Electric, Baseboard
Exterior Entry, Walk-Out Access, Daylight, Partial, Full
Oven, Refrigerator
Street
On Street
Balcony
Victorian
Building Details
Building Size
2,880 SF
Year Built
1900
Stories
3
Listing Agency:
Beiler-Campbell Realtors-Quarryville
Listed By:
RONALD Clark
(717) 615-8986
Source:
Evrealestate
Added: Jul 12
Changed: Oct 27
Last Checked: Oct 28 at 8:56AM
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 Beiler-Campbell Realtors-Quarryville
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Investment Insights
Based on property information with market context.
This Victorian residential income property was built in 1900 and offers 2,180 square feet of property area. Interior features include electric baseboard heating, exterior entry, walk-out access, daylight exposure, and partial and full-level areas. An oven and refrigerator are also included.
The property occupies the corner of Princess and Pershing in York, with the address on S Pershing Avenue. Exterior features include a balcony, street exposure, and on-street parking. The property is located two blocks from York City Square and is zoned CM.
The property occupies the corner of Princess and Pershing in York, with the address on S Pershing Avenue. Exterior features include a balcony, street exposure, and on-street parking. The property is located two blocks from York City Square and is zoned CM.
Key Highlights
- 2,180 square feet of property area
- Built in 1900 with Victorian exterior character
- CM zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,093
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,860
$401.9K
Cap Rate 7%
$287,043
$287.0K
Cap Rate 9%
$223,256
$223.3K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$38.5K $17.64/SF
− Vacancy
−$1.9K −$0.88/SF
EGI
$36.5K $16.76/SF
− OpEx
−$16.4K −$7.54/SF
NOI
$20.1K $9.22/SF
Area
York County, PA
Vacancy
5.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,860
Cap Rate 7%
$287,043
Cap Rate 9%
$223,256
Alternative Uses
Best Use
Apartment 5plus
$287.0K
$251.2K – $334.9K
NOI $20,093 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$631.2K
$552.3K – $736.4K
NOI $44,183 @ 7.0% cap · market cap 18.81%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,556
Businesses Nearby
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Business Placement
Demographics for 17401, PA
18,771
Population
8,202
Households
2.3
Avg Household Size
32
Median Age
16%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
12,514
Density / Sq Mi
$41,569
Median Household Income
$30,329
Median Earnings
$940
Median Rent
$84,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - CM-zoned property with electric baseboard heat, a balcony, and walk-out access near York City Square.
Where is this residential income property located?
The property is located at 158 S PERSHING AVENUE York, PA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 2,180 square feet of property area; Built in 1900 with Victorian exterior character; CM zoning
