USAPAYork640-646 W Market St
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640-646 W Market St, YORK, PA

Real Estate

For Sale

Listed price in listed location currency (USD).
$900,000

000

MLS® PAYK2100220

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3652 sqft
Garage No
HOA Fees 
Taxes $3,954
Days Active 0
Approx. Age 1915
Avg. Price Per Sqft $246
MLS® Number PAYK2100220

Property Address: 640-646 W Market St, YORK, PA, 17401-3713

Average square foot calculated using Size range provided by listing agent.

Description

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."
MLS® NumberPAYK2100220
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1915
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
640-646 W Market St, YORK, PA

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