Two-Unit Row
245 South Belvidere Avenue York, PA 17401
245 South Belvidere Avenue, York, PA, 17401
$239,900
Pending
For Sale
$239,900
Pending
Well-maintained two-unit row home with a 1-bedroom unit and a 3-bedroom unit featuring a private entrance and balcony.
Property Size1,752 SF
Days on Market100
Property Features for 245 South Belvidere Avenue
General Information
- Standard status
- Pending
- Size
- 1,752 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Kingsway Realty - Ephrata
(717) 640-4160
Listed by
Phillip Stumpf · License #RS353233
(717) 640-4160
Source
Compass
Added: Apr 13 Updated: Jul 20 at 10:24PM Checked: Jul 20 at 10:24PM
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 Kingsway Realty - Ephrata
Investment Insights
Based on property information with market context.
This well-maintained two-unit row home offers a practical income setup with two separate residential units. The first-floor unit includes 1 bedroom and 1 full bathroom. The second-floor unit has its own private entrance and features 3 bedrooms and 1 full bathroom, along with a balcony.
Located in York County in York City, within the York City school district (MLS Area: York City 15201). The property is presented for sale as a duplex/duplex-style residential income asset.
The arrangement provides a two-level configuration typical of a row home, with independent access to the upper unit and an outdoor balcony component for the second-floor layout.
Located in York County in York City, within the York City school district (MLS Area: York City 15201). The property is presented for sale as a duplex/duplex-style residential income asset.
The arrangement provides a two-level configuration typical of a row home, with independent access to the upper unit and an outdoor balcony component for the second-floor layout.
Key Highlights
- Well‑maintained 2‑unit row home at 245 S Belvidere Ave in York City (15201)
- First‑floor unit: 1 bedroom and 1 full bathroom
- Second‑floor unit: 3 bedrooms, 1 full bathroom, with a private entrance and balcony
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
NOI $17,384 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$230.7K
$201.9K – $269.1K
NOI $16,148 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$507.3K
$443.9K – $591.8K
NOI $35,509 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-unit row home with a 1-bedroom unit and a 3-bedroom unit featuring a private entrance and balcony.
Where is this duplex located?
The property is located at 245 South Belvidere Avenue York, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Well‑maintained 2‑unit row home at 245 S Belvidere Ave in York City (15201); First‑floor unit: 1 bedroom and 1 full bathroom; Second‑floor unit: 3 bedrooms, 1 full bathroom, with a private entrance and balcony
