14 days on rocket

22 N State St, York, PA, 17403

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
10,040 SqFt
$82/SqFt
House

Location

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22 N State St, York$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved Parking, Private, Parking Lot
Year Built1910
HeatingForced Air, Baseboard
CoolingCentral Air, Window Unit(s)
MLS #PAYK2072868
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 22 N State St

Prime investment opportunity at 22 N State St! This mixed-use commercial property offers immediate income potential and significant value-add opportunities. The first floor is leased to a long-term tenant at $2,500/month, with an additional newly approved commercial space in the lower level (separate entrance) projected to rent for $900-$1,000/month. Four residential units on the upper floors, each with private entrances, generate a total of $6,850/month (Units 1 & 2 at $1,850 each with recent increases, and Units 3 & 4 at $1,650 and $1,500, both month-to-month with room for rent adjustments). The 14-space parking lot serves tenants and commercial use, with one space currently rented for $50/month and potential for more. Recent upgrades include a fully replaced roof (2 years), and updates to electrical, plumbing, security and fire systems, and exterior (all within 3 years). The property is currently at a 9% CAP rate and 10.6% cash-on-cash return, with the potential to exceed a 11% CAP rate and 17% cash-on-cash return with market rent adjustments. Don’t miss this high-performing asset—contact us today for detailed financials and a private tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Living Area: 10,040 SqFt

Listing Office:

  • Office Name: Inch & Co. Real Estate, LLC
  • Office Phone: (717) 904-4500
  • Listing Agent: Adam Druck

Exterior Features

Parking Information:

  • Parking: Paved Parking, Private, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Baseboard
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: E Princess St, Turn right onto Fulton St, Turn right onto E King St, Turn left onto Fulton St, Turn right onto E Market St, Turn left onto N State St

Municipality:

  • York City

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $2,198
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in York, PA.

Med. Sold Price

$239.2K

Med. Price/SqFt

$140

Avg. Days On Market

24

# of Sold Homes

165

22 N State St vs York

14 DAYS ON ROCKET

-10 Days

$825,000

+$585.7K More

$82/SqFt

-$59 Less

KEY TAKEAWAY

This property is $585.7K more than the Median Sold Price and $59/SqFt less than other homes in York, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAYK2072868

Listing Office:

  • Office Name: Inch & Co. Real Estate, LLC
  • Office Phone: (717) 904-4500
  • Listing Agent: Adam Druck

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,198$37,500
2020$2,197$37,500
2019$2,193$37,500
2018$2,194$37,500
2017$2,223$37,500

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4377195
4
/10
  • Lincoln Charter School

  • 559 W King St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-4377196
5
/10
  • East York Elementary School

  • 701 Erlen Dr

  • 1.97 miles

  • Public District Grades 3-5

school-card-donut-4377197
4
/10
  • Hayshire Elementary School

  • 2801 Hayshire Dr

  • 2.77 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,809. The most common annual income of people living in York, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22 N State St

What is the listing price of this property?

The listing price of 22 N State St property is $825,000.

What type of property is this?

The property 22 N State St is a house located in York, Pennsylvania, 17403.

Is this property for sale now?

Active Listing: 22 N State St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,198 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 22 N State St is 10,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22 N State St is 1910.

Rocket HomesPennsylvaniaYork CountyYork1740322 N State St

This home is located at 22 N State St in York, PA and zip code 17403 in the East Side neighborhood. This 10,040 square foot home, which was built in 1910, sits on a 0.04 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $825,000.

While more than 48 listings in York, PA in November 2024 were sold above asking price, there were more than 62 listings sold at asking price, and more than 55 were sold below. The number of homes for sale in York, PA decreased by 13.7% between October 2024 and November 2024. In November 2024 median list price was $239,287 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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