Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Exceptional opportunity to acquire a seven-property for a total of 8 units investment portfolio on West Jackson Street in York City. The portfolio consists of 150, 228, 230, 259, 261, 264, and 274 W Jackson St, all individually deeded properties being offered together. Most properties are rented by the room and primarily serve the student housing market, though they can also be rented to non-students. Many of the properties have six tenants each and utilities are largely paid by tenants or billed back to them, helping reduce owner expenses. The portfolio has historically maintained strong occupancy with only two semesters of vacancy in the past five years. York City inspects student properties annually, with certain properties inspected every other year. Investors will appreciate the ability to acquire multiple income-producing properties in a concentrated location with immediate cash flow and future upside through rent normalization and operational improvements.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.35
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,100,000
-
Tax Amount
$22,447
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
0025
-
Water Source
Public
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Location
County
YORK
Elementary School
Middle School
High School
Listing Courtesy of Collin Michael Boyer , Real of Pennsylvania
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AGENT
Lizzy Isenberg
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