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31601893
31601892

125 N George St, York, PA 17401

Coldwell Banker Realty
Listed by Coldwell Banker Realty
$1,290,000
57 days on market
Updated 48 days ago

125 N George St

Details
APN 09-192-03-0074.00-00000
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 6,000
Units 4
Cap Rate 7.40%
Occupancy 100%
Tenancy Multi
Year Built 1912
Acreage 0.080
Zoning Mixed Commercial Use
Parking Spaces 1 spaces
Parking Per SqFt 0.17
Investment Type Stabilized
Ownership Fee Simple

125 N George St, York, PA 17401

Marketing description

MULTIFAMILY PROPERTY WITH COMMERCIAL SPACE - FULLY LEASED 4 Residential units 1 Commercial retail space TOTAL Sqft: 12,500 UNIT BREAKDOWN (3) 2-Bedroom, 1-Bathroom units (1 & 2 year leases) (1) 3-Bedroom, 1-Bathroom unit (2-year lease) (1) Commercial Ground Floor Retail/Restaurant Space (3-year lease) ANNUAL RENT ROLL: $139,200 Rolling 12-month Expenses: $42,962 NOI: $96,238 125 N George Street is a historic building in Downtown York, located on "Restaurant Row". The property has undergone an extensive renovation, resulting in the following: - Upgraded electrical systems and panels, installing LED lighting throughout the building. - Upgraded plumbing - Upgraded HVAC (3 units on full Heatpump systems, 1 unit plus commercial space on traditional gas furnace and central AC systems) - New Kitchens with stainless steel appliances in all units. - New Bathrooms - New LVP Commercial Grade, 20-mil Floors -Washer and Dryer in all Residential Units Commercial Space - FULLY RENOVATED: Fully functional, turnkey Bar with an active Certificate of Occupancy and "Brew Pub" zoning. - New tap system, refrigeration systems, plumbing lines, and drain lines. - Custom walk-in cooler located under the bar (for the shortest possible draft lines) - Glycol System - 3 Deep Freeze Freezers - New Commercial Smokeless Oven System (Alta Sham Oven) - New Floors, paint, and decor - New Bathroom Call listing agent directly to schedule showings

Investment highlights


Listing Contacts

Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Additional Information

Name
Corinne Heim
License
PA
Brokerage Phone
866.786.5511
Title
Broker of Record
Brokerage Address
1207 Fayette St, Conshohocken, PA 19428
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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