2505 Joppa RdYork, PA 17403

For Sale
$899,000

Three-unit rental, 7 acres, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

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 Details for 2505 Joppa Rd

Property type
Multifamily properties, Residential income homes
Square Feet
5,551 SF
Year Built
1950
Buildings
3
Stories
2
Lot Size (sq. ft)
304,920 SF
Units
3

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9156255
Longitude
-76.710676
2505 Joppa Rd, York, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2505 Joppa Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message