917 S. York Street

917 S. York Street Mechanicsburg, PA 17055

Mechanicsburg
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$399,000
Last Verified:
Jun 09, 2023

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Highlights

  • Recently updated
  • Well maintained
  • Live in one side and rent the other
  • Significant upside to rents
  • Large yard and privacy
  • Convenient to shopping & highways
  • Mechanicsburg Area School District
  • Quick access to Route 11/15, I-83, I-76 (PA Turnpike)

Description

Well maintained duplex with updated windows, doors and new porches. Property has a nice open concept in each unit with 2 beds/1.5 baths on each side and full basement with laundry.
Market rents $1,700 per month would present new owner 7.5% cap at these rental rates, or live in one side and rent the other.
Seller is Equitable owner. 24-hour notice to show, access easement across adjoining garage.

Located in Mechanicsburg, PA.

Building Size: 2464sq ft
Lot Size: 0.46 acres


Documents

917 S. York Street - Brochure

Map of 917 S. York Street, Mechanicsburg, PA, 17055

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.