Turnkey Multifamily Property in
873 East Prospect Street, York, PA 17403
Three-unit property in York with strong income potential.
Type:Multi-Family / Fee Simple
Property size:
2,522 SFPrice / SF:
$126/SF- Added:
- May 18, 2026
- Days on Market:
- 14
- Last Refresh:
- May 18 at 9:18 pm
Property Features for 873 East Prospect Street
General Information
- Standard status
- Active
- Size
- 2,522 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agent Spencer Blake License #RS367636 (717) 881-2965
Listing office Renaissance Realty Sales, LLC (717) 881-2965
Listing date May 18, 2026
Source Compass
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 Renaissance Realty Sales, LLC
HighLights
- Turnkey three‑unit property in the East End of York City.
- Each unit features two bedrooms and one full bathroom.
- Projected market rents of $1,100 per month per unit.
- Potential annual gross rental income of $39,600.
- Gas and electric are separately metered for each unit.
- Suitable for investors or owner‑occupants looking to house hack.
Overview
Located in the East End of York City, 873 E Prospect St is a detached, turnkey three-unit multifamily property. Each unit features two bedrooms and one full bathroom. The property is suitable for investors and owner-occupants. The projected market rent is approximately $1,100 per month per unit, offering a potential annual gross rental income of $39,600 with all units occupied at market rent. Gas and electric are separately metered for each unit. The owner is responsible for water, sewer, and trash, with the option to bill those expenses back to tenants. The property is located in the York City school district, within the York City MLS area (15201). The property size is 2522 square feet.
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 | $37.8k | $15.00 |
| − Vacancy | −$2.1k | −$0.83 |
| EGI | $35.7k | $14.17 |
| − OpEx | −$10.7k | −$4.25 |
| NOI | $25.0k | $9.92 |
2,522 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$357.5K
$312.8K – $417.1K
NOI $25,025 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$332.1K
$290.6K – $387.4K
NOI $23,245 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$730.2K
$638.9K – $851.9K
NOI $51,115 @ 7.0% cap · market cap 15.98%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.708171
- Latitude
- 39.961651
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in York with strong income potential.
Where is this triplex located?
The property is located at 873 East Prospect Street York, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Turnkey three‑unit property in the East End of York City.; Each unit features two bedrooms and one full bathroom.; Projected market rents of $1,100 per month per unit.
