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.
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!
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.
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
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.
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.
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.
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.
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!
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!
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.
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.
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.
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.