Lancaster PA Multi Family for Sale

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Type:
Townhouse
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1910
Baths:
MLS#:
PALA2059976

ADDITIONAL INFORMATION

Well maintained 2 unit in Lancaster City. First floor remodel completed Oct 2024, 2nd floor long term tenant. Additional rental income from 2 garages. Solid property with low taxes and lots of upside.

Type:
Single Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.39 Acres
Year built:
1924
Baths:
MLS#:
PALA2059940

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this property, currently leased to a daycare and two residential tenants, along with three garages. Zoned local commercial, the possibilities are abundant-permitted uses include daycares, offices, retail sales, and more. For detailed information, please refer to the documents. Recent upgrades enhance the property's appeal, featuring a new roof, updated HVAC in two units, new water heaters, and a complete renovation of Apartment 2. This beautifully maintained, turn-key property is ready for you to make it your own! With abundant off street parking and a spacious lawn, convenience and charm abound. Run your business here while having your expenses offset by the residential income. Or, live in one apartment and significantly reduce your living costsâall in a beautiful setting near School Lane Hills, F&M University, and the wonderful amenities of downtown Lancaster. Please schedule all showings through the Commercial Listing for this same property. Donât miss your chance to explore this opportunity, schedule your tour while it's available!

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1870
Baths:
MLS#:
PALA2059654

ADDITIONAL INFORMATION

What an opportunity only 2 blocks from the square!! 4 contiguous multifamily properties containing 16 units and 29 parking spaces. Several units have been updated and/or remodeled. 225 E King St operates as a furnished rental. All furniture and decorations convey with the sale. The buildings have a mix of unit sizes and tenant duration. Room to grow in several units. Seller is in the process of completing a few projects on site. Assessment values, tax values, building/lot area are combined totals based off of public records.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.63 Acres
Year built:
1900
Baths:
MLS#:
PALA2059446
Subdivision:
Lancaster

ADDITIONAL INFORMATION

Sizable footprint just minutes from Lancaster City Square. This offering consists of a 5 unit building, 5 single family houses, 10 garages and a parking lot. The total combined footprint is roughly .63 acres with a sizable vacant area that could present an opportunity for additional expansion and/or density. All units are fully leased. Property Addresses included in the sale are 618 S Queen St, 620 S Queen St, 622 S Queen St, 624-626 S Queen St, 619 Beaver St, 621 Beaver St. TAX IDs included in the sale are 334-34579-0-0000, 334-40665-0-0000, 334-40848-0-0000, 334-37179-0-0000, 334-28147-0-0000, 334-28331-0-0000

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1890
Baths:
MLS#:
PALA2059304

ADDITIONAL INFORMATION

Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has a mix of unit sizes and a mix of tenant duration. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1870
Baths:
MLS#:
PALA2059294

ADDITIONAL INFORMATION

Welcome to 222 W Vine St Lancaster. This property is positioned in close proximity to the Lancaster City Square and the future Mosaic development site. Lancaster City rentals are in high demand. Here is your chance to own a turn key 9-unit building in the exciting Lancaster City market! The property offers 9, 2 bedroom units between two buildings. The large parcel offers the possibility for additional development opportunity or on site parking. On site laundry is available with room to add more w/d units. This location offers convenient walkability for the tenant base. Property has undergone all Lancaster City rental and lead inspections.

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:
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:
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:
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.

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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 $325,000. This is higher than the county median home value of $299,400. The national median home value is $338,100. The average price of homes sold in Lancaster, PA is $325,000. Approximately 44.03% of Lancaster homes are owned, compared to 50.48% rented, while 5.5% 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 58,034. Lancaster is less family-centric than the surrounding county with 23.35% of the households containing married families with children. The county average for households married with children is 32.04%.

The median household income in Lancaster, Pennsylvania is $54,145. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Lancaster is 32.3 years.

Lancaster Weather

The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 42.6 inches per year, with 20 inches of snow per year.

Lancaster Real Estate Market Conditions

  • Median sales price

    $325,000
    15.6% change since last quarter
  • # Active listings

    288
    30-day change

Lancaster Schools and Demographics

Education near Lancaster, PA

Metric City County
High School Graduates 82.5 86.36
College Degree - 2 year 8.5 7.7
College Degree - 4 year 25.44 29.73
Graduate Degree 6.75 8.11
Expenditures per Student 19,226 19,226
Students per Teacher 13.8 13.8

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 58,034 550,480
Population Density 8,030 583
Median Age 32.3 38.7
People per Household 2.6 2.6
Median Household Income 54,145 73,688
Average Income per Capita 25,552 35,609