158 S Pershing Ave - Apartments FOR SALE


York, PA 17401- Downtown York
$267,000 USD
717-615-8986
158 S Pershing Ave, York, PA for Sale
$267,000 USD
Apartments - FOR SALE
1/1
null | 9.5% Cap Rate

158 S Pershing Ave
York, PA 17401
Downtown York


HIGHLIGHTS

  • Three fully functional residential units with an additional basement space previously used as a commercial barber shop, ideal for adaptive reuse.
  • Located in a walkable downtown York neighborhood close to dining, retail, and transportation options, enhancing tenant desirability.
  • Two units currently leased with a recently renovated third unit ready for immediate occupancy, supporting operational continuity and investment upside
  • Zoned commercial (buyer to confirm), creating flexibility for future mixed-use applications or owner-user occupancy scenarios.
  • Positioned in an established city environment with access to employment centers and community services, driving consistent rental demand.

OVERVIEW

158 S Pershing Ave in downtown York, PA offers a unique investment opportunity consisting of a three-unit property with additional space suitable for commercial use. Two of the residential units are currently leased, providing in-place income, while a recently remodeled third unit is ready for occupancy. Each unit features practical layouts in a property that blends historic architectural detail with functional enhancements. The building includes seven bedrooms and three bathrooms across three stories, totaling approximately 2,180 square feet on a compact lot. Adding to its investment upside, the property includes a basement-level area formerly utilized as a barber shop, presenting attractive potential for adaptive reuse or supplemental income. Zoned for commercial purposes (buyer to verify), the property can accommodate multiple strategies such as live-work applications, continued multi-unit rental operations, or conversion to a mixed-use income-producing asset. Its prime location within York’s urban district provides easy walkability to local restaurants, coffee shops, and retail establishments, supporting strong tenant appeal for both residential and commercial uses. With city zoning flexibility, in-place leases, and proximity to employers and amenities, this property offers immediate revenue coupled with value-add potential within a growth-oriented Pennsylvania market.

FOR SALE DETAILS

PRICE

$267,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

4

PRICE/UNIT

$66,750

CAP RATE

9.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

cm

APN/PARCEL ID

04-067-01-0019.00-00000

ASK ABOUT THIS PROPERTY

Ron ClarkBeiler-Campbell Realtors & AppraisersMore Info
717-615-8986

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Ron ClarkBeiler-Campbell Realtors & AppraisersMore Info
717-615-8986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.