Lancaster PA Multi Family for Sale

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Type:
Townhouse
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1900
Baths:
MLS#:
PALA2057524

ADDITIONAL INFORMATION

Welcome to 28 Caroline St., a versatile duplex multiunit property with incredible potential! This property features two distinct units, perfect for investors or those looking to generate rental income. The first unit includes 3 bedrooms and 1 bathroom, with a bonus 4th bedroom that has a privacy violation. This unit requires some TLC, such as paint and new flooring, to bring it back to life and can then be rented out at market rate for approximately $1,700 per month. The second unit is a 1 bedroom, 1 bathroom space attached to a 3-car garage, which also needs renovation to reach its full potential. Once updated, this unit can be rented out for around $1,250 per month. With some TLC, 28 Caroline St. can become a highly desirable rental property. Contact us today to schedule a viewing on this fantastic investment opportunity!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1960
Baths:
MLS#:
PALA2056706

ADDITIONAL INFORMATION

Investment opportunity in Lancaster City! Mixed use property offers 3 apartments and a spacious auto garage with a large office. Located in a highly visible and easy access road close to Downtown Lancaster, next to the proposed future business development site of the old Rebman's Building.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1850
Baths:
MLS#:
PALA2056456
Subdivision:
Lancaster

ADDITIONAL INFORMATION

Beautifully updated 2 unit with all utilities separate. First floor - electric heat & gas H20 heater. Second floor - gas heat & H20. New kitchens & baths in both units, New gas furnace. Very well kept units. Second floor balcony with new composite stairway. First floor - 1 bedroom - $1115 a month lease through March 30, 2025. Second floor - 2 bedroom rent $1250 a month. Month-to-month

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1947
Baths:
MLS#:
PALA2054224
Subdivision:
Lancaster

ADDITIONAL INFORMATION

Prime opportunity this 2 unit corner property located in Lancaster city use to have a a small business downstairs , 2 bedroom apartment upstairs with its own private entrance tenant has been there 3* years month to month lease she would like to stay is possible. Beautiful tree lined street close to McCaskey High School this property has endless possibilities. Newer A/C units, Brand new gas meters installed. Book your showing today and put your thoughts and dreams into action, Was a nail salon for approximately 15-20 years last occupied by as a Aesthetician. Currently the downstairs store front is vacant.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1860
Baths:
MLS#:
PALA2056074

ADDITIONAL INFORMATION

Make your appointment TODAY to view this 2 family house with 2 beds & 1 bath in each unit as this will not last. Investors dream!! Seller is motivated, bring all offers!

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1887
Baths:
MLS#:
PALA2055902

ADDITIONAL INFORMATION

Introducing a prime investment opportunity in the heart of Lancaster County! This incredible quadraplex offers (2) two bedroom apartments, a studio apartment, and a salon. There are two off-street parking spaces, as well as on street parking. All units are fully leased, with a signed year lease, ready for its next investor to produce income. Apartment 3 has been fully remodeled in 2024! Don't miss out on an opportunity to own this income-generating property, in one of the most sought-after cities! Schedule your showing today!

Type:
Townhouse
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1900
Baths:
MLS#:
PALA2055500

ADDITIONAL INFORMATION

Solid 2 unit plus a garage in NE Lancaster City with coin-op laundry to provide additional income. Efficient natural gas heat, some replacement windows. Both units have long-term tenants that would love to stay. Units could use some cosmetic updating. Schedule your showing today!

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
PALA2055132

ADDITIONAL INFORMATION

Introducing a lucrative opportunity in the sought-after neighborhood of Lancaster's Cabbage Hill! Nestled at 4291/2 W Vine St, this multi-unit property promises an ideal income-generating investment. The updated first-floor 1-bedroom apartment boasts fresh paint, new luxury vinyl flooring throughout, renovated bathroom with ceramic tiling. Offering direct access to a fully upgraded basement space designed with a studio apartment , the first-floor tenant enjoys the additional full basement area . The second-floor apartment exudes contemporary charm with its luxurious vinyl planks, fresh paint, new appliances, and lighting, ensuring a turnkey living experience. Ready to yield passive income and monthly profit, this property comes complete with a side parking area, deeded and available for purchase from the seller. Additionally, the property features a fully repaved driveway, exterior updates, and a freshly painted facade. Generate a substantial monthly income with $1,800 for the first-floor and basement unit, while the second-floor 2-bedroom apartment commands $1,400 per month. Tenants are responsible for water and trash expenses, making this property an enticing investment opportunity in a prime location. Owner Licensed Real estate agent. first floor and basement rent, $1,800 monthly 2 floor 2 bedroom apartment 1,400 tenant pays water and trash. Gross Monthly income: $3,200

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1900
Baths:
MLS#:
PALA2049508

ADDITIONAL INFORMATION

464-466 Manor St. is a fully leased, 11-unit property consisting of 4 apartments, 7 individually leased boarding rooms and private off-street parking. Great downtown location within easy walking distance from Fulton Theater, Lancaster Central Market and much more. Contact the listing team for financial details and more information.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1860
Baths:
MLS#:
PALA2049478

ADDITIONAL INFORMATION

207 W. King St. is a fully leased, 8-unit property consisting of a ground level commercial/retail unit, 2 apartments and 5 individually leased boarding rooms. Great downtown location less than a block from Fulton Theater, Lancaster Central Market and much more. Contact the listing team for financial details and more information.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.44 Acres
Year built:
1987
Baths:
MLS#:
PALA2042760

ADDITIONAL INFORMATION

Prime commercial opportunity with C-3 Zoning on Route 30 in Lancaster County. High visibility with up to 35,000 daily passing cars. Ideal for businesses seeking a strategic location in a thriving area. Versatile property, currently a storefront home, offering a blank canvas for redevelopment. Join the revitalization movement and capitalize on the area's attractions. Endless possibilities await at this well-traveled location. **See documents for additional possible uses.**

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1946
Baths:
MLS#:
PALA2040484

ADDITIONAL INFORMATION

618 S West End Ave is a 4-unit residential property located in Lancaster, PA. There are 4 1-bedroom residential units with a common laundry area. The property is within close proximity to Millersville Pike (Rt 999) and Lincoln Hwy (Rt 462), which are main thoroughfare roads in the Lancaster market. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located amongst the retail, office, medical, and population of the Lancaster market.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - 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 Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. 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. 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 Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Lancaster Real Estate

The median home value in Lancaster, PA is $333,750. This is higher than the county median home value of $203,500. The national median home value is $219,700. The average price of homes sold in Lancaster, PA is $333,750. Approximately 39.59% of Lancaster homes are owned, compared to 51.57% rented, while 8.85% are vacant. Lancaster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lancaster real estate agent to arrange a tour today!

Lancaster, Pennsylvania has a population of 59,556. Lancaster is less family-centric than the surrounding county with 21.97% of the households containing married families with children. The county average for households married with children is 31.78%.

The median household income in Lancaster, Pennsylvania is $40,805. The median household income for the surrounding county is $61,492 compared to the national median of $57,652. The median age of people living in Lancaster is 31.6 years.

Lancaster Weather

The average high temperature in July is 85.2 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 44 inches per year, with 18.3 inches of snow per year.

Lancaster Real Estate Market Conditions

  • Median sales price

    $333,750
    7.37% change since last quarter
  • # Active listings

    254
    30-day change

Lancaster Schools and Demographics

Education near Lancaster, PA

Metric City County
High School Graduates 76.55 84.8
College Degree - 2 year 5.35 7.18
College Degree - 4 year 20.8 26.47
Graduate Degree 5.29 7.25
Expenditures per Student 19,405 14,971
Students per Teacher 14.2 15.3

Elementary Schools near Lancaster, PA

School Grades Students P/T Ratio ZIP
Brecht School KG - 04 298 14.6 17601
Bucher School KG - 04 323 13.9 17601
Burrowes School PK - 05 407 15.4 17602
Carter and MacRae Elementary School PK - 05 412 12.5 17603
Centerville Elementary School KG - 06 496 14.3 17601
Elizabeth R Martin Elementary School PK - 07 618 17.4 17603
Fritz Elementary School KG - 06 622 14.4 17601
Fulton Elementary School PK - 05 438 14.6 17603
George Washington Elementary School PK - 05 605 14 17602
Hambright Elementary School KG - 06 514 17.8 17603
Hamilton Elementary School KG - 05 454 15.4 17603
Hans Herr Elementary School 03 - 05 685 15.8 17537
James Buchanan Elementary School PK - 06 395 15.2 17603
King Elementary School PK - 05 528 12.2 17602
Lafayette Elementary School PK - 05 517 14.6 17603
Lampeter Elementary School KG - 02 600 18.8 17537
Leola Elementary School KG - 06 474 14.8 17540
NEFF School KG - 04 337 14.7 17606
Nitrauer School KG - 04 488 18.3 17601
Price Elementary School PK - 05 496 14.6 17603
Rohrerstown Elementary School KG - 06 439 13.4 17603
Ross Elementary School PK - 05 372 15.5 17603
Schaeffer School KG - 04 312 15.8 17601
Smoketown Elementary School KG - 06 660 14.8 17602
Thomas Wharton Elementary School PK - 05 360 15.7 17603
Wickersham Elementary School PK - 05 471 16.2 17602

Middle Schools near Lancaster, PA

School Grades Students P/T Ratio ZIP
Centerville Middle School 07 - 08 604 14.4 17601
Conestoga Valley Middle School 07 - 08 694 14.1 17602
Hand Middle School 06 - 08 502 11.1 17602
Landis Run Intermediate School 05 - 06 917 15.3 17601
Lincoln Middle School 06 - 08 570 12.1 17602
Manheim Township Middle School 07 - 08 887 12.3 17601
Manor Middle School 07 - 08 450 13.9 17603
Martin Meylin Middle School 06 - 08 747 13.5 17537
Reynolds Middle School 06 - 08 500 11.6 17603
Wheatland Middle School 06 - 08 591 12.7 17603

High Schools near Lancaster, PA

School Grades Students P/T Ratio ZIP
Conestoga Valley Senior High School 09 - 12 1,368 16.2 17601
Lampeter-Strasburg Senior High School 09 - 12 1,009 15.6 17537
Manheim Township High School 09 - 12 1,755 16.1 17601
McCaskey Campus 09 - 12 2,636 14.2 17602

Ungraded Schools near Lancaster, PA

School Grades Students P/T Ratio ZIP
La Academia Partnership Charter School 06 - 12 196 12.3 17602
Phoenix Academy 06 - 12 323 24.9 17602

Demographics near Lancaster, PA

Metric City County
Neighborhood Type
Population 59,556 536,494
Population Density 8,241 568
Median Age 31.6 38.5
People per Household 2.6 2.6
Median Household Income 40,805 61,492
Average Income per Capita 19,578 29,280