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- $675k Price
- 9,589 Sqft
- .56 Acres
- 324 DOM
31 Main St
Updated 1/8/2025. Welcome to this 7 Unit cash cow investment property in the heart of Glen Rock Borough. Situated on the Heritage Rail Trail, this property really shines inside and out. This exceptionally well-kept turnkey property is 100% professionally managed from day 1 and runs at a cap rate of 7.2% with annual rental income of $77,700 which includes utilities reimbursements and pet fees. A great portfolio add for investors of all levels. PLEASE DO NOT MISS reviewing the additional documents regarding income/expenses/rents/unit details/Improvements/utilities/meters etc. The property consists of 6 residential units and one 4,000 sq ft commercial storage space with huge exposure display windows. All of the units are rented except the commercial space which the owner uses currently. The commercial space can currently be used only for storage but can be converted to suit your needs. Please contact Glen Rock Borough for more information. There is no basement and the property is built slab on grade. Lots of parking available for tenants across from the building in the public parking lot. No washer/dryer hookups in the units, so owner could generate more revenue by adding laundry and tenant storage in the first-floor commercial space. All photos are from before the tenants moved in. There is no sign at the property. Please do not disturb tenants or make unsolicited inquires with them. Seller is consolidating businesses and hence selling.
Essential Information
- MLS® #PAYK2058066
- Price$675,000
- Bathrooms0.00
- Square Footage9,589
- Acres0.56
- Year Built1900
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusActive
Community Information
- Address31 Main St
- AreaGlen Rock Boro (15264)
- CityGLEN ROCK
- CountyYORK-PA
- StatePA
- MunicipalityGLEN ROCK BORO
- Zip Code17327
Amenities
- ParkingPublPark
Interior
- CoolingHeat Pump(s)
Heating
Heat Pump - Electric BackUp, Hot Water
Exterior
- ExteriorBlock
- Lot DescriptionBacks to Trees, Sloping
- RoofRubber, Metal, Shingle
School Information
- DistrictSOUTHERN YORK COUNTY
Additional Information
- Date ListedApril 1st, 2024
- Days on Market324
- ZoningVILLAGE CENTER
Listing Details
- Office Contact(717) 797-4289
Office
Foundation First Property Group
Price Change History for 31 Main St, GLEN ROCK, PA (MLS® #PAYK2058066)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $675,000 | $75,000 (10.00%) | |
| Price Reduced (from $800,000) | $750,000 | $50,000 (6.25%) |
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Listing information last updated on February 18th, 2025 at 6:30pm CST.