3 days on Rocket
$2,553 Closing Credit¹
#PAYK2079930, Seth Tyler Trone, Listing Office: Iron Valley Real Estate of York County
$825,000 List price
22 N State St York, PA 17403
$9,797
Closing credit¹
10,040 sqft
0.04 acres
$82 / sqft
House
Property details
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!
Highlights
Home typeOther
HeatingForced Air, Baseboard
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Window Unit(s)
Size10,040 sqft
Lot size0.04 Acres
Year built1910
ParkingPaved Parking,Private, Parking Lot
MLS #PAYK2072868
Summary
- MLS Number: PAYK2072868
- MLS Name: BRIGHT
- Office Name: Inch & Co. Real Estate, LLC
- Office Phone: (717) 904-4500
- Listing Agent: Adam Druck
- Agent Phone: (717) 487-2579
- Agent Email: yourrealtoradamd@gmail.com
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. ©2025 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: 4/15/2025, 2:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$825,000
22 N State St
$9,797
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $37,500 | $2,328 |
| 2023 | $37,500 | $2,328 |
| 2022 | $37,500 | $2,314 |
| 2021 | $37,500 | $2,197 |
| 2020 | $37,500 | $2,197 |
| 2019 | $37,500 | $2,193 |
| 2018 | $37,500 | $2,193 |
| 2017 | $37,500 | $2,223 |
History based on county public records data.
Nearby schools
4
Lincoln Charter School
Public Charter KG-5
1.5 mi
•559 W King St
5
East York Elementary School
Public District 3-5
2.0 mi
•701 Erlen Dr
4
Hayshire Elementary School
Public District KG-3
2.8 mi
•2801 Hayshire Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,809. Residents of York, PA typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
76%
<35k
21%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
33%
Single, with Kids
10%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 22 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. Features: 0 bathroom. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $825,000.
In March 2025 more than 48 listings in York, PA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 25 were sold below. The inventory of homes for sale in York, PA between February and March 2025 increased by 26.8%. The median list price of listings available in March 2025 was $244,815, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.