Three-Unit Triplex
New
For Sale
$249,900
736 S QUEEN STREET, York, PA 17403
Three residential units span separate floors, with tenants responsible for all utility costs.
Property Size2,440 SF
Price / SF$102.42
Days on Market4
Property Features for 736 S QUEEN STREET
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Duplex
Additional Details
Multifamily Units
3
Building Details
Year Built
1910
Listing Agency:
Coldwell Banker Realty
(717) 757-2717
Listed By:
Wade W Krout
(717) 577-6301
Source:
Cummingsrealtors
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:47AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 2,440-square-foot triplex contains three residential units across three floors. The first-floor apartment is vacant; the second- and third-floor units are occupied. Tenants pay all utilities. Built in 1910, the property offers a three-unit residential configuration in York, Pennsylvania.
Key Highlights
- Three residential units across three floors
- 2,440 square feet of building area
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,489
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,780
$449.8K
Cap Rate 7%
$321,271
$321.3K
Cap Rate 9%
$249,878
$249.9K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$43.0K $17.64/SF
− Vacancy
−$2.2K −$0.88/SF
EGI
$40.9K $16.76/SF
− OpEx
−$18.4K −$7.54/SF
NOI
$22.5K $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%
$449,780
Cap Rate 7%
$321,271
Cap Rate 9%
$249,878
Alternative Uses
Best Use
Multifamily LT 5
$345.9K
$302.6K – $403.5K
NOI $24,211 @ 7.0% cap · market cap 9.69%
Second Best
Apartment 5plus
$321.3K
$281.1K – $374.8K
NOI $22,489 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$706.5K
$618.2K – $824.2K
NOI $49,453 @ 7.0% cap · market cap 19.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,755
Businesses Nearby
Explore this area
Business Placement
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units span separate floors, with tenants responsible for all utility costs.
Where is this triplex located?
The property is located at 736 S QUEEN STREET York, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three residential units across three floors; 2,440 square feet of building area; Built in 1910
