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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 | Building Size | 45,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1950/2017 |
| Building Class | B | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | RS - Commercial | ||
| 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 |
LINKS
PROPERTY TAXES
| Parcel Number | 06-101-01-0009.00-00000 | Improvements Assessment | $2,392,710 |
| Land Assessment | $92,260 | Total Assessment | $2,484,970 |
PROPERTY TAXES
Listing ID: 18568952
Date on Market: 2/19/2020
Last Updated:
Address: 232 E Market St, York, PA 17403
The Northeast York Multifamily Property at 232 E Market St, York, PA 17403 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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