Twitter
Facebook
Email
|
Investment opportunity located at 640, 642, 644, 646 West Market and 652-654 West Mason Avenue. Offered at $900,000, this cash-flowing asset delivers an immediate 8.11% Cap Rate and an 8.24% Cash-on-Cash return from day one. Currently generating a gross monthly income of $10,873.00, the property produces a reliable monthly before-tax cash flow of $1,730.92. With a clear, highly lucrative path to stabilization via local Section 8 conversion and commercial unit optimization, investors can capitalize on a massive value-add NOI uplift of $37,551.12. This optimization pushes the gross monthly income to $14,202.00, driving the Pro Forma Cap Rate to an incredible 12.28% and elevating the Cash-on-Cash return to a staggering 23.14%. Requiring $252,000.00 in total cash needed to close, this portfolio boasts a highly secure 2.12x Pro Forma DSCR, providing excellent current yield with verifiable, explosive upside. "Stabilized 8% cap asset with a clear, conservative path to 10-11% returns through voucher-based rent optimization."
| DAYS ON MARKET | 1 | LAST UPDATED | 6/29/2026 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | York City (15201) |
| COUNTY | YORK | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | YORK CITY |
|---|---|
| Elementary School | FERGUSON |
| Jr. High School | HANNAH PENN |
| High School | WILLIAM PENN |
| PRICE HISTORY | |
| Prior to Jun 29, '26 | $900,000 |
|---|---|
| Jun 29, '26 - Today | $850,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | York City (15201) |
| CONSTRUCTION | Brick |
| HEAT | Central, Hot Water, Natural Gas |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 2453 |
| WATER | Public |
| ZONING | UN1 (Urban Mixed Residential Commercial District) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Yohn Property Management, LLC
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.