Multi-Family Investment Opportunity in downtown Lancaster City, PA! Located just 4 blocks from Penn Square and walking distance to all that downtown Lancaster City has to offer. Built as apartments, this turnkey rental property, consisting of (4) one-bedroom, (3) two-bedroom and (1) three-bedroom units, has made a wonderful long term… Read More investment for cash flow. Gas and electric metered separately for each apartment. Historically, the building has had a low turnover rate with many long term tenants. For those investors looking for a huge value add opportunity, this is it. Read Less
Courtesy of Luis Ortega, Weichert Realtors - The Ortega Group [email protected]
Listing Snapshot
Days Online
100
Last Updated
Property Type
Five Or More Units
Square Ft.
3,800
Lot Size
0.05 Acres
Year Built
1890
MLS Number
PALA2056920
30 Days Snapshot Of 17603
$299k
+6%
(avg) sold price
58
-7%
homes sold
19
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3,800 net sqft, 3,800 total building sqft, Built in 1890, 8 units in building, Brick
Cooling
None, None
Accessibility Features
2+ Access Exits
Expenses
Trash Expense: $1,392
Floors
Wood, Vinyl
Heating
Natural Gas, Forced Air
Lot
2,178 sqft, 0.05 acres
Roof
Rubber
Sewer
Public Sewer
Taxes
City/Town Tax: $2,146, City/Town Tax Pymnt Freq: Annually, County Tax: $494, County Tax Pymnt Freq: Annually, School Tax: $4,149, School Tax Pymnt Freq: Annually, Tax Annual Amount: $6,790, Tax Year: 2024
Utilities
Electric Service: Circuit Breakers, Hot Water: Natural Gas, Cable TV Available
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