Great investment opportunity in Lancaster City! This two-unit property offers a spacious 3-bedroom unit upstairs and a 1-bedroom unit on the first floor, providing a versatile setup for investors or owner-occupants looking to offset their mortgage with rental income. The property sits on an unusually large double lot, offering plenty of outdoor space and added potential. With current rental income of over $2,500 per month, this property provides strong income from day one. Whether you're looking to add to your rental portfolio or live in one unit while renting the other, this Lancaster City two-unit is one you won't want to miss!
610 W. Chestnut St. is a 2 Unit property with tremendous potential. First floor unit has 1BD, 1BA, large kitchen, dining room and living room. Second floor Unit has 4BD, 1BA, kitchen, family room, laundry, and porch. All utilities are split. Appliances included. 2 off street parking spots.
Welcome to 816 North Duke Street, a well-maintained 3-unit multifamily investment property located in Lancaster City’s desirable Ross neighborhood. Known for its attractive residential streets, convenient location, and easy access to downtown Lancaster, major routes, shopping, dining, and local amenities, the Ross neighborhood continues to be an appealing location for both residents and investors. This property offers an excellent opportunity to add a solid multifamily asset to your investment portfolio. Featuring three separate residential units, the building is in very good overall condition, providing investors with the benefit of an established property without the extensive renovation often associated with city multifamily acquisitions. Whether you’re looking to expand an existing rental portfolio, make your first multifamily investment, or pursue an owner-occupied investment strategy, 816 North Duke Street offers the combination investors look for—three income-producing units, strong condition, and a desirable Lancaster City location. Opportunities to acquire well-maintained multifamily properties in established Lancaster neighborhoods can be difficult to find. Schedule your showing and take a closer look at the investment potential of 816 North Duke Street.
4 unit with 3 one bedroom apartments upstairs and current beauty salon on first floor. Good income producer with 8 off-street spaces in rear. Most utilities separated. Great sought-after location.
This listing is for BOTH 459 Pershing Ave (2 unit) and 435 S. Christian St (2 unit). These two properties have a total of 4 units, and have been well maintained. There is 1 (1) bedroom unit, 2 (2) bedroom units and 1 (3) bedroom unit. Both properties have been well maintained and are professionally managed with rental licenses and lead certifications in place. Rents are under market and have room to grow, and with all tenants on month- month terms, rents can be increased soon under new ownership. All tenants have been in place for multiple years. Three out of the four units have been updated over the past 5 years. Solid opportunity to use residential fixed loan terms while getting 4 nice units to scale up. Benefit from the appreciation taking place in Lancaster city with these solid investments.
Investors, you will want to see this property! Units 1 & 2 are rented out and are in beautiful condition. Unit 1 is a 2 bedroom 1 bathroom home, with a kitchen, dining room and living room. The bedrooms and bathroom are on the second floor, and a private outdoor space for entertaining. Laundry is located in the basement. Permit Parking is on the street. Please do not let the cats out of the house. Unit 2 is a 2 bedroom 1 bathroom home, laundry in the foyer of the entry way with a staircase leading to the living room and kitchen, along with a private outdoor space for additional living, and the bedrooms and bathroom are on the third floor. Permit Parking is on the street. Both have plenty of room for living in the city. The carriage house is the homeowner of all three properties and is move in ready, also beautiful condition. Has 3 bedrooms, 1 1/2 bathrooms. Living room, dining room and kitchen open concept with radiant heat in the floors and plenty of entertainment space. Laundry is located on the second floor. Beautiful courtyard for additional outdoor living and entertainment space. This carriage house has its own driveway for parking. Please don't let the cats out. These properties are beautiful and very well laid out with plenty of living space for all.
Multi-unit turnkey opportunity in the always growing Cabbage Hill area of Lancaster City. This location is perfect for an investor or someone looking to live in one unit while renting the other. Completely renovated 2 unit in 2023 from top to bottom. New roof, HVAC, Windows, Electrical (separated for both units), Plumbing, and all cosmetics. All appliances are included in the sale plus it has a washer and dryer to appeal to ideal tenants. Both leases are on a month to month lease but welcome to extend if buyers would like. Come check it out today for a growing area in Lancaster City.
Investment Alert! Conveniently located on a quiet, dead-end street just outside Lancaster City, this 5-unit apartment building on 1.7 acres is ready for new owners. Also includes a 5-unit storage shed for bonus income. Each unique apartment is occupied and professionally managed.
Excellent opportunity to own a fully occupied and turn key 5-unit apartment building with a private parking lot offering 14 parking spaces providing additional income. Located just 4 blocks to the heart of Lancaster City! Beautifully remoodeled in 2022 and fully renovated inside and out! Laundry and individual HVAC in each unit. Utilities separated out. Bright and light throughout and well maintained. Each unit gets a parking space with 7 remaining spaces leased out for additional rental income.
Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a first-floor commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility. The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere. A private deck and large backyard offer great outdoor living. Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates. At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting. The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath. With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.
Lancaster City Investment Opportunity! Excellent opportunity to own a **well-maintained 2-unit property in Lancaster City** offering strong income potential and a proven rental history. Whether you're looking to add to an existing portfolio or purchase your first investment property, this property is worth a closer look. The building features **two spacious rental units totaling approximately 1,997 square feet**, plus a **separately rented garage that provides additional monthly income**. Conveniently located near **downtown Lancaster, shopping, restaurants, schools, and local colleges**, the property is well positioned for continued tenant demand. With multiple income streams, a desirable Lancaster City location, and long-term investment potential, **236 N Franklin St offers an attractive opportunity for investors looking for both current income and future appreciation.** **Don't miss this opportunity—schedule your showing today!**
Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. This asset is ideal for a multi-family investor, student housing operator, or specialty housing provider looking for immediate density in a tight Lancaster City rental market. The building is being sold as-is, with significant interior turnover and unit repair work already completed. The property presents substantial operational upside for an operator ready to streamline expenses and capture strong market yield. Showings by appointment to qualified buyers only. Complete rent roll, P&L history, and appraisal details are available upon request. Floorplans provided are rough outlines and contain inconsistencies; buyer to verify all measurements and layouts in person.
Welcome to this mixed-use opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park area, where charm, convenience, and potential come together in one exceptional property. This two-unit building offers unmatched walkability, with easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. The first floor features a blank-slate commercial space with two half baths and is ready to be customized to suit a variety of business needs. Upstairs, the second-floor apartment offers two bedrooms and two full bathrooms, along with a spacious and inviting living area. The property also includes off-street parking for up to four vehicles, providing convenient and reliable parking for both the commercial space and residential unit. This multi-unit property presents an excellent opportunity for investors or owner-occupants alike. Schedule your private tour today and explore the potential for yourself.
Exceptional 5-unit investment opportunity in Lancaster City's highly desirable Chestnut Hill neighborhood. Ideally situated just minutes from downtown Lancaster's restaurants, shopping, Central Market, and entertainment, this well-maintained property offers immediate income potential with room for future growth.
Exceptional mixed-use investment opportunity offering immediate income with additional upside potential. This well-maintained three-unit commercial property features a street-level commercial space, currently occupied by a single-chair salon, along with two residential apartments and two detached garages. The residential units include a spacious one-bedroom apartment currently leased for $900 per month and a vacant two- to three-bedroom apartment that was previously rented for $1,500 per month, providing an excellent opportunity for an owner-occupant or the ability to increase cash flow immediately. The commercial salon space is leased for $575 per month, creating a diversified income stream. The property has seen several important updates, including nearly all replacement windows and a Lead Safe Certification obtained through the city last year, offering added value and peace of mind. Both residential units include existing washer and dryer hookups that can easily be exposed again, providing a desirable amenity for future tenants. The owner currently pays water, sewer, trash, and common area electric. With two garages providing additional storage or rental potential, stable existing tenants, and a vacant unit ready for occupancy or lease, this property presents an excellent opportunity for investors seeking both current income and future growth.
Exceptional mixed-use opportunity in the heart of Lancaster City. This well-maintained 4792 sq ft corner property offers unmatched flexibility, visibility, and income potential. Ideal for an owner-occupant, investor, or business seeking a high-profile location, the property includes a beautifully updated first-floor unit with many options for use, plus 2 additional apartments. The center of the property is a beautifully renovated, Handicap accessible primary residence encompassing approx 1600 sq ft on Main level. Currently rented for $3000.00 a month including utilities. Thoughtfully designed for comfort and entertaining, the residence features stunning new Kitchen, newly renovated Full Bath, 2 Powder Rooms, a private spa retreat with soaking tub, and an expansive "L" shaped Living area with Electric Fireplace offering distinct spaces for relaxation and conversation. Custom built-in bookcases line the private study while 2 spacious bedrooms, Laundry facilities, central air, and a fenced private patio create a truly turnkey lifestyle. Additional amenities include: Game Room, Full Basement with private access for storage or future expansion, multiple fireplaces, and the option to purchase fully furnished. *Direct access to 8 on-site parking spaces (rare for Lancaster City) *All appliances included. Residential Units *Unit 1-Two-Bedroom, one-bathroom apartment *Spacious layout with a working wood-burning fireplace *In-unit laundry and all appliances included. *Strong rental potential *Currently rented for $1100.00 a month. *Unit 2-One-Bedroom, one bathroom apartment *Bright and open with a second-story private balcony * In-unit laundry, and all appliances included. *Ideal for both long-term and short-term rentals. *Currently rented for 1050.00 a month. Additional highlights include: *Total building size 4792 * Corner lot with high visibility and strong traffic exposure * All Appliances Included in each unit, making for easy, move-in ready living. * Washer/Dryer included in each unit. * Updated mechanicals and modern finishes throughout *Ample parking and outdoor space *Minutes from downtown Lancaster, LGH, and major commuter routes This is a rare chance to own a turnkey, income-producing property with exceptional versatility and premium upgrades. Whether you’re looking to live in one unit and rent out the others, or seeking a solid addition to your investment portfolio, this property offers an incredible value with steady income potential and a prime location.
Well maintained and tastefully updated 2-unit property in an excellent Lancaster location! The first floor is home to a fully operational Salon, while the upper two floors offer a spacious 3-bedroom, 2-bathroom apartment perfect for owner-occupancy or strong rental income from both commercial and residential tenants. Key Features & Recent Updates: First-floor commercial space Established Salon with great street visibility Upper-level residence 3 bedrooms, 2 full baths across two floors 2-car garage Ample parking and storage Replacement windows throughout for energy efficiency and modern look Newer gas boiler for reliable, efficient heating Central air conditioning on the first floor Brand-new roof on both the house and garage Move-in ready with excellent curb appeal and low-maintenance design This turnkey property is located in the desirable Ross neighborhood, just minutes from downtown Lancaster’s vibrant dining, shopping, and entertainment scene. Whether you’re looking for an income-producing investment or a live-work opportunity, this one checks every box!
High-Visibility, mixed-use property offering a prime investment opportunity in the heart of Cabbage Hill! This versatile building features a street-level convenience storefront with a 3-bedroom residential apartment above—ideal for an investor seeking dual income streams or an owner-occupant looking for turnkey living. Property Highlights: Separate utilities for both units, off-street parking, and a full basement for extra storage. This income-producing property is located in a sought-after, growing district near downtown Lancaster. Whether you are an entrepreneur or a savvy investor, this is a rare opportunity to maximize your portfolio. Contact us today to schedule a private showing!
Outstanding investment opportunity featuring a 6-unit mixed-use property with apartments, laundromat, and restaurant, located on a prominent corner in Northeast Lancaster City. This turnkey asset is a strong addition to any real estate portfolio, offering 4 apartment units, an operating laundromat with 14 commercial washers and dryers plus an ADA bathroom, and a fully equipped restaurant with stainless steel equipment. Long-standing tenants rents have lots of room for increase. $42,000 annual net income.
A Smart Investment in the Heart of Lancaster City!!! 445 N. Duke Street is a brick duplex offering real income potential in one of Lancaster’s most convenient locations—directly across from Lancaster General Hospital and minutes from downtown dining, shops, and Central Market. Live in one unit and let the other help with your mortgage, or rent both for a steady cash flow. Mixed residential/commercial zoning adds even more flexibility. An attached two-car garage is a rare bonus in the city. Nearly 3,000 sq ft Separate utilities Updated systems Full basement Reduced to $450,000. Opportunities like this don’t stay on the market long.
Exceptional mixed-use investment opportunity with strong income potential! This fully remodeled property features an updated residential unit and a turn-key restaurant space — perfect for an owner/user or investor. The residential component includes a 1-bedroom apartment, beautifully renovated with modern finishes, and an abundant amount of storage. This unit could be operated as a possible Airbnb or long term rental. This unit offers an open layout, updated kitchen and bath, attractive flooring, and quality fixtures throughout. The ground-floor restaurant space is fully furnished and turn-key ready, equipped with all necessary fixtures, seating, and kitchen infrastructure — ideal for an operator looking to open immediately with minimal upfront investment. Enjoy additional seasonal dining on our patio. Conveniently located in a high-traffic area with strong visibility, this property offers diverse income streams, significant upside, and flexible use potential. Don’t miss this rare chance to own a fully repositioned mixed-use asset.
Lancaster is located in Pennsylvania. 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.
