3 N MAIN ST Stewartstown, PA 17363
10,158 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAYK2103740
Year Built 1900
Annual Tax Amount $5,683
Tax Year 2025
Lot Size 10,158 Sqft
Acres 0.23
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
The property has undergone extensive recent renovations, including 5 newly updated kitchens, new flooring throughout multiple units and common areas, and updated appliances. Additional maintenance and system updates include roof inspections and a recently serviced boiler, helping minimize deferred maintenance concerns. Tenants benefit from off-street parking and a convenient in-town location close to local amenities and commuter routes.
Current pro forma financials project an annual gross scheduled rent of $124,800 with a 5% vacancy factor, resulting in an effective gross income of approximately $118,560. Operating expenses are estimated at $31,536 annually, producing a projected net operating income of approximately $87,024.
A stabilized, income-producing multifamily asset with recent improvements and strong occupancy, this property presents an outstanding opportunity for both seasoned and emerging investors.
Location
State PA
County York
Area Stewartstown Boro (15286)
Zoning COMMERCIAL VILLAGE
Interior
Hot Water Natural Gas, Electric
Heating Steam
Cooling None
Inclusions All Landlord owned appliances
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District South Eastern
Others
Tax ID 86-000-02-0174-00-00000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
