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6-Unit Apartment Building with Garage
New
For Sale
$510,000

410 S George St, York, PA 17401

Six occupied one-bedroom apartments and a three-car garage provide multiple rental components.

Property Size4,491 SF
Price / SF$113.56
Days on Market3

Property Features for 410 S George St

General Information

Standard status Active
Size 4,491 SF
Total Parking Spaces 3
Property subtype Commercial

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams of Central PA
Listed By: KARA MANNING · License #RS364912
Source: Baltimoreharfordhomesforsale
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 1:48PM

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 of Central PA

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Investment Insights

Based on property information with market context.

At 410 S George Street, this 4,491-square-foot apartment building contains six one-bedroom, one-bathroom units. All six apartments are tenant occupied. A three-car garage is also part of the property and may be rented separately.

The building dates to 1900 and is located in York, Pennsylvania. Its current residential configuration follows an earlier use as a doctor's office in the mid-1900s.

Key Highlights

  • Six 1‑bedroom, 1‑bathroom apartments; all are tenant occupied
  • 4,491‑square‑foot apartment building
  • Three‑car garage with potential for separate rental

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,393
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,860 $827.9K
Cap Rate 7%
$591,329 $591.3K
Cap Rate 9%
$459,922 $459.9K
Market Conditions
NOI Build-Up for 4,491 SF
Gross rent
$79.2K $17.64/SF
− Vacancy
−$4.0K −$0.88/SF
EGI
$75.3K $16.76/SF
− OpEx
−$33.9K −$7.54/SF
NOI
$41.4K $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%
$827,860
Cap Rate 7%
$591,329
Cap Rate 9%
$459,922

Alternative Uses

Best Use
Apartment 5plus
$591.3K
$517.4K – $689.9K (±1% cap)
NOI $41,393 @ 7.0% cap · market cap 8.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,021 @ 7.0% cap · market cap 17.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,218
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six occupied one-bedroom apartments and a three-car garage provide multiple rental components.
Where is this apartment building located?
The property is located at 410 S George St York, PA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Six 1‑bedroom, 1‑bathroom apartments; all are tenant occupied; 4,491‑square‑foot apartment building; Three‑car garage with potential for separate rental
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