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Exceptional investment opportunity in the heart of Stewartstown featuring this fully occupied 10-unit multifamily property located at 3 N Main St. With strong in-place income and significant recent capital improvements, this asset offers both immediate cash flow and long-term stability for investors seeking a turnkey addition to their portfolio. 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.
| DAYS ON MARKET | 0 | LAST UPDATED | 5/18/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Stewartstown Boro (15286) |
| COUNTY | YORK | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | SOUTH EASTERN |
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| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | Stewartstown Boro (15286) |
| HEAT | Natural Gas, Steam |
| LOT | 10019 sq ft |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 5683 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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