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    Two-Unit Row Home Title is generated by Realmo AI

    245 S BELVIDERE Avenue, York, PA 17401

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    For Sale
    $199,900

    MULTI_FAMILY - Other - YORK, PA

    Property size:
    1,752 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $114/SF
    Added:
    Apr 16, 2026
    Days on Market:
    69
    Last Refresh:
    Jun 23 at 10:06 pm

    Property Features for 245 S BELVIDERE Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Off Street
    Standard status
    Active
    Size
    1,752 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2510

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Listing Contact
    Phillip Stumpf

    Listing agent Phillip Stumpf License #RS353233

    Listing office Kingsway Realty - Ephrata 830 Martin Avenue, Lancaster, PA

    Listing date Apr 16, 2026

    MLS# PAYK2101212 Listing URL

    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.

    HighLights

    • Strong income potential as a 2‑unit row home
    • Versatile property suitable for investors or owner‑occupants
    • First‑floor unit: 1 bedroom, 1 full bathroom
    • Second‑floor unit: 3 bedrooms, 1 full bathroom, and private entrance
    • Second‑floor unit includes a balcony
    • Well‑maintained brick construction

    Overview

    This well-maintained two-unit row home includes a first-floor unit with 1 bedroom and 1 full bathroom, along with a second-floor unit featuring 3 bedrooms and 1 full bathroom. The upper unit also offers a private entrance and a balcony for outdoor space.

    The property is located at 245 S Belvidere Avenue in York, Pennsylvania (17401). As a residential income property in York City, it presents a straightforward two-unit configuration for owners looking to manage rental units and residents who want an owner-occupant setup.

    The layout supports a flexible use model: live in the larger second-floor unit while renting the first-floor unit, or operate it as a two-unit rental. With two separate living spaces and a private entrance on the second floor, the property can appeal to tenants seeking more separation and additional personal outdoor space via the balcony. This is a for-sale multifamily opportunity sized for residential income use.

    Local Financial Insights For Multifamily LT 5

    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 $26.3k $15.00
    − Vacancy −$1.4k −$0.83
    EGI $24.8k $14.17
    − OpEx −$7.5k −$4.25
    NOI $17.4k $9.92
    1,752 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $248.3K
    $217.3K – $289.7K (±1% cap)
    NOI $17,384 @ 7.0% cap · market cap 8.70%
    Second Best
    Apartment 5plus
    $230.7K
    $201.9K – $269.1K (±1% cap)
    NOI $16,148 @ 7.0% cap · market cap 8.08%
    Theoretical Best
    Office A
    $507.3K
    $443.9K – $591.8K (±1% cap)
    NOI $35,509 @ 7.0% cap · market cap 17.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7432693
    Latitude
    39.9537712

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit row home with a private-entry second-floor unit and balcony.
    Where is this duplex located?
    The property is located at 245 S BELVIDERE Avenue York, PA.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Strong income potential as a 2‑unit row home; Versatile property suitable for investors or owner‑occupants; First‑floor unit: 1 bedroom, 1 full bathroom
    More about this property
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