2505 Joppa Rd York, PA 17403
- Residential income homes
- 5,551 SF
- 7.00 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2505 Joppa Rd
- Year built
- 1950
- Lot size
- 7.00 lot acres
- Property size
- 5,551 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.7107
- Latitude
- 39.9156
