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232 E Market St
York, PA 17403
Two 32 Apartments · Multifamily Property For Sale · 43 Units

PROPERTY FACTS

No. Units 43
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.34 AC
Building Size 45,000 SF
Average Occupancy 98%
No. Stories 4
Year Built/Renovated 1950/2017
Parking Ratio 1.53/1,000 SF
Zoning RS - Commercial

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Range
  • Island Kitchen

SITE AMENITIES

  • Controlled Access
  • Fitness Center
  • Security System
  • Roof Terrace
  • Maintenance on site

ABOUT 232 E MARKET ST , YORK, PA 17403

SCOPE Commercial Real Estate Services, LLC “SCOPE” has been exclusively assigned to offer for sale the fee-simple interest in Two32 Apartments, a 43-unit adaptive reuse apartment building located at 232 E. Market Street in York, PA. This opportunity presents investors with a stabilized cash flowing asset in a growing Central PA market. Originally built in the 1950s, the former J.E. Baker Company building was fully renovated in 2017 to include 35 one-bedroom units and 8 two-bedroom units. The building features shared tenant amenity spaces including a rooftop courtyard, a fitness center, a yoga studio, a billiards and game room, and a resident lounge. With a variety of unit layouts, each with an open floor plan, the apartments feature modern finishes, high ceilings, new mechanical systems, quartz countertops, and exposed brick. Some units have balconies. Delivered with the property, located at 220-232 E. Mason Avenue directly behind from Two32 Apartments, is a resident parking lot with 69 spaces. Located on Market Street in Downtown York, west of the Continential Square, residents have access to ample neighborhood amenities including historic attractions, museums, restaurants, boutiques, retailers, breweries, theatres, etc. all within walking distance from the property. With access to Route 30 & Interstate 83, residents can commute to surrounding regions with ease. Demographics in York are strong and the county is the fastest growing county in Pennsylvania attracting 20-35 year old residents. York’s current population is over 440,000 people and is projected to grow to over 500,000 in the next decade.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 21 - 733
2+1 22 - 1,032

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-101-01-0009.00-00000
Land Assessment
$92,260
Improvements Assessment
$2,392,710
Total Assessment
$2,484,970
  • Listing ID: 18568952

  • Date on Market: 2/19/2020

  • Last Updated:

  • Address: 232 E Market St, York, PA 17403

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