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1001 South York Street
Mechanicsburg, PA 17055
Asking Price
$360K
Asset Type
Multifamily
Class
Class B
What's Special
R2 ZONING OPPORTUNITY - MECHANICSBURG PA <ul><li>1.77-acre R2 – Medium Density Residential zoned parcel in Upper Allen Township, Cumberland County, PA</li><li>R2 zoning permits single-family attached townhouses (max 8 units per building) <strong>by right</strong> per Upper Allen Township Zoning Ordinance</li><li>Public sewer and water already in place — a significant infrastructure advantage</li><li>Excellent road frontage on S York St with high visibility</li><li>Recently surveyed lot — reduces due diligence time and cost</li><li
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NOI
$80,000
Cap Rate
22.23%
DSCR
3.74
Strong
Cash-on-Cash
54.30%
Monthly Payment
$1,780.589
Annual Cash Flow
$58,632.934