Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2505 Joppa Rd York, PA 17403

    Sponsored
    For Sale
    $899,000

    Three-unit rental, 7 acres, high ROI.

    Property size:
    5,551 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a three-unit multifamily portfolio situated on a sprawling 7-acre lot in York County, Pennsylvania. The property, located at 2505 Joppa Rd, York, PA 17403, consists of three buildings totaling 5,551 square feet of net rentable space. Built in 1950, the buildings are two stories and currently zoned for commercial office use, offering potential for diverse income streams. Each unit offers significant living space, presenting a compelling opportunity for owner-occupancy or purely rental income. The asking price is $899,000, translating to $161.95 per square foot and $299,666.67 per unit. This fee-simple ownership provides a solid foundation for long-term investment growth. The property's substantial lot size and tranquil setting offer a unique blend of rural charm and convenient access to local amenities. The existing structures provide immediate income potential, while the zoning allows for flexibility in future development or operational strategies. This is a rare opportunity to acquire a well-positioned multifamily portfolio with significant upside potential in a desirable location.

    Property Features for 2505 Joppa Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,551 SF
    Lot Size
    304,920 SF

    Building Details

    Year Built
    1950
    Buildings
    3
    Stories
    2
    Units
    3

    HighLights

    • $899,000 asking price for a three‑unit multifamily property.
    • Three buildings totaling 5,551 square feet on a 7‑acre lot.
    • Three units, each priced at $299,667, offering a potential owner‑user opportunity.
    • Built in 1950, the property features two‑story buildings with commercial office zoning.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.710676
    Latitude
    39.9156255

    Nearby Similar for Sale

    • $425,000
      0.63 Acres

      Multi-Family Property with Potential

      Multi-family property in York, PA with over 6000 sq ft.
      119 N George St, York, PA 17401
      View Details
    • New
      $1,350,000
      7,200 SF

      New Townhomes in Spring Grove

      New construction townhomes with quality features near local amenities.
      1018-1024 Trinity Rd, York, PA 17408
      View Details
    • $275,000
      0.58 Acres

      Turnkey Commercial Space in YORK

      Move-in ready commercial property with endless possibilities off Route 30.
      4325 W Market St, York, PA 17408
      View Details
    • $185,000
      2,013 SF

      Fully Occupied York Duplex

      Duplex with instant equity and off-street parking.
      828 W Princess St, York, PA 17401
      View Details
    • $174,900
      0.08 Acres

      West Market Street Retail Opportunity

      Commercial space on West Market Street, ideal for various food concepts.
      1277 W Market St, York, PA 17404
      View Details
    • $189,900
      2,358 SF

      Two-Unit Property in York, PA

      Two-unit property with tenants paying for utilities and parking.
      248 Roosevelt Ave, York, PA 17404
      View Details
    • $220,000
      2,660 SF

      York Multifamily Colonial For Sale

      Multifamily property in York, PA, featuring 2660 square feet.
      34 W Jackson St, York, PA 17401
      View Details
    • $310,000
      0.17 Acres

      Renovated Office Building, York PA

      Newly renovated office building in downtown York location.
      325 E Market St, York, PA 17403
      View Details
    • $190,000
      1,840 SF

      Two-Unit Colonial Near York College

      Well-kept two-unit property near York College with income potential.
      1010 W Princess St, York, PA 17404
      View Details
    • $189,900
      1,776 SF

      Cash-Flowing Two-Unit Multifamily Property

      Fully occupied duplex in York, PA, generating immediate rental income.
      627 N Hartley St, York, PA 17404
      View Details
    • $85,000

      York City Commercial Office Condo

      First-floor office condo in York City with included amenities.
      1 E Market St, York, PA 17401
      View Details
    • $4,621,000
      23,600 SF

      Fulton Bank Investment Opportunity

      Single-tenant Fulton Bank property in York, PA for sale.
      30 S George St, York, PA 17401
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three-unit rental, 7 acres, high ROI.
    Where is this multifamily property located?
    The property is located at 2505 Joppa Rd York, PA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: $899,000 asking price for a three-unit multifamily property.; Three buildings totaling 5,551 square feet on a 7-acre lot.; Three units, each priced at $299,667, offering a potential owner-user opportunity.
    (717) 757-2717
    Request Owner's contact information
    2505 Joppa Rd York, PA 17403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2505 Joppa Rd
    York, PA 17403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2505 Joppa Rd York, PA 17403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.