Building Details

Building Size 2,226 SF

Year Built 1900

Stories 2

Listing Agency: Keller Williams Keystone Realty

Listed By: Justin Moul · License #RS379036 Show Phone

Source: Evrealestate

Added: Oct 12 Changed: Oct 19 Last Checked: Oct 20 at 8:23PM

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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 Keller Williams Keystone Realty

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Investment Insights

Based on property information with market context.

Located at 26 S Pine Street in Red Lion, this traditional-style residential property was built in 1900. Its reported building size is 1,626, and the property has multi-family residential zoning.

Building systems include natural gas, hot-water heating, forced-air heating, and a gas water heater. Off-street parking is also available.

Key Highlights

• Multi‑family residential zoning
• Built in 1900
• Reported property size: 1,626

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,987

Cap Rate

5.99%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$299,740 $299.7K

Cap Rate 7%

$214,100 $214.1K

Cap Rate 9%

$166,522 $166.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,626 SF

Gross rent

$28.7K $17.64/SF

− Vacancy

−$1.4K −$0.88/SF

EGI

$27.2K $16.76/SF

− OpEx

−$12.3K −$7.54/SF

NOI

$15.0K $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%

$299,740

Cap Rate 7%

$214,100

Cap Rate 9%

$166,522

Alternative Uses

Best Use

Apartment 5plus

$214.1K

$187.3K – $249.8K (±1% cap)

NOI $14,987 @ 7.0% cap · market cap 5.99%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$470.8K

$411.9K – $549.3K (±1% cap)

NOI $32,955 @ 7.0% cap · market cap 13.18%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

481

Businesses Nearby

Explore this area Business Placement

Demographics for 17356, PA

23,176

Population

9,212

Households

2.5

Avg Household Size

41

Median Age

23%

College-Educated

92%

High-School Grad

33.4 sq mi

ZIP Area

694

Density / Sq Mi

$85,726

Median Household Income

$46,750

Median Earnings

$966

Median Rent

$228,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential income property - The property has multi-family residential zoning and off-street parking.

Where is this residential income property located?

The property is located at 26 S PINE STREET Red Lion, PA.

What is the asking price?

The asking price for this property is $249,995.

What are key features of this property?

This property features: Multi‑family residential zoning; Built in 1900; Reported property size: 1,626