Great two-unit investment opportunity in the City of Lancaster. Apt 1 contains 1 bed, 1 full bath and Apt 2 contains 3 beds, 1 full bath, with a kitchen in both apartments. Minutes from historic Downtown Lancaster and Thaddeus Stevens College.
Your best value under $300,000 and the only one with 2 car parking in the City, 1st fl. rent one bdr $1000.00 and 2nd fl 3 bdr $1200 and $26400.00 a year, good clean tenants on mo. to mo. leases, want to stay ranges and refridgerators stay, and tenants pay for gas cooking and electric baseboard heat, security deposits are $2200.00, nice open front porch and full basement that you come in from back yard, we have a key to padlock, but if padlock is open then leave it open there are 2 gas meters and 2 electric meters & tenants pay for their own electric heat and gas cooking and hot water
Well-maintained, two-unit property in the heart of Lancaster City! Just a few steps away from shops, restaurants, and coffee spots—this charming duplex is perfectly located near the baseball stadium and F&M College. Ideal for investors or owner-occupants: live in one unit and rent the other, or rent both for maximum income potential! First floor unit is a 1 bd apt and second floor unit is a spacious 3 bedroom apt with a small den. Each unit offers its own separate utilities, and strong rental appeal in one of Lancaster’s most vibrant neighborhoods. Schedule your showing today!
Completely Reimagined Investment Opportunity in Lancaster City Welcome to 528 Manor Street—an extraordinary transformation where historic charm meets modern luxury. This stunning duplex has been meticulously rebuilt from the studs up, offering a worry-free investment for years to come. Every inch of this residence has been touched with care, craftsmanship, and purpose, ensuring not just quality but peace of mind. This property presents a rare opportunity to own a fully renovated multifamily residence in the heart of Lancaster. Down to the Studs Renovation—Built to Last No corners were cut in the reconstruction of this property. The walls were stripped to their studs, exposing the bones and providing the perfect blank canvas for a top-to-bottom revitalization. From there, everything is brand new: Windows & Doors: All new windows and doors were installed, including historically approved wood-framed windows on the front elevation to honor the home’s heritage. Electrical: A brand-new electrical service has been installed with separate 100 amp panels and subpanels for each unit. Every wire in the home is new, ensuring a safe and efficient electrical system. Gas & HVAC: Dual gas meters and two completely independent HVAC systems (gas/electric) with all new ductwork were added, one for each unit, giving tenants full climate control and energy efficiency. Plumbing: Every supply line, vent, and waste pipe has been replaced with new plumbing—designed for longevity and performance. Kitchens: Two brand-new kitchens have been crafted for modern living, with thoughtful layouts and quality finishes. This isn’t just a cosmetic refresh—it’s a full rebuild. From mechanicals to finishes, this property has been painstakingly redesigned to offer luxury living with low maintenance, maximizing value for both owner-occupants and investors. Whether you’re looking to expand your rental portfolio or live in one unit while leasing the other, 528 Manor Street represents true turnkey ownership with peace of mind built in. It’s not just a home—it’s a long-term asset with all the heavy lifting already done.
Stunningly gorgeous 2 unit property located next to the cafe and ice cream shop called College Treats in desirable Chestnut Hill neighborhood! This property was renovated top to bottom in 2020 and as a result is in a LERTA tax savings program through 2029! The first floor apartment is leased to a tenant for $1,350/month (gas heat and central air; gas and electric paid by Tenant). Apt #2 is the 2nd and 3rd floors of the property and is a 2 bed, 2 bath apartment on a new one year lease for $1,675/month (mini split systems for heat + cooling; Tenant pays electric). Both apartments offer high end finishes including granite counters, wood floors, exposed brick walls, drywall ceilings with recessed lighting, central air, dishwasher, built-in microwave, all vinyl windows & more! There is shared laundry and a shared yard. Easy, non-metered street parking readily available on Marietta, College Ave & Chestnut Streets. All mechanicals, roof, appliances and finishes are only 5 years old. Landlord pays water/sewer, trash, house electric. LERTA Tax savings: 2025: 50% discount on tax bill. Each year the discount decreases by 10% through 2029. CURRENT CAP RATE 6.3%. Gross Income $36,300 at the rents stated herein. Est. NOI $29,532. Income/Expense Proforma with LERTA tax savings details available. Note: The new one year lease on apartment 2 is the tenant who was in apartment one. Tenant took the larger apartment when it became available – this is a testament to the excellent location, conditions, marketability and livability of this property!
Solid 4-unit featuring 1st floor, 2 bedroom. Second floor has two 1-bedroom units. Third floor has one 1-bedroom. Each unit has emergency escape. Tenants all pay their own heat. Landlord pays water/sewer, trash and hot water. Unit 1 Rent $875; Unit 2 Rent $850; Unit 3 Rent $850; Unit 4 Rent $850.
Discover a unique investment opportunity in the heart of Lancaster. This well-maintained 4-unit property features two spacious 2-bedroom apartments and two commercial spaces, all occupied by long-term tenants. Apt 1 rents for $1,200 Apt #2 rents for $1,200. Tenants own ALL appliances. Apartments have hot water heat with window a/c units. First National Bank has an ATM and rents for $1,916. Jackson Hewett Tax Service rents for $1,725. The commercial units have mini splits with a/c. This property offers consistent rental income with reliable, long-term tenants. The apartments and commercial spaces are well-maintained, making it an ideal addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a versatile property in a prime location with high visibility located across from the Lancaster County Convention Center. Contact us today to schedule a viewing and explore the potential of this exceptional investment!
Welcome to this gorgeous, newly renovated 4 unit property, located in one of the most desirable locations in beautiful downtown Lancaster. This offers a wonderful opportunity for both homeowners and investors alike. Live in one unit and generate rental income from the rest, or make it an ideal multi-generational living space, or enjoy cashflow from a high quality asset for years to come. Currently, the property is fully occupied although one unit could be vacated with notice if needed for owner occupant. This property blends modern convenience with classic charm, featuring well-designed living areas and desirable amenities throughout. Each residence features stylish, fully upgraded kitchens with sleek granite countertops and all-new appliances, including dishwashers. Enjoy the comfort of central air, all new HVAC systems to keep utility bills in check, and a laundry area in the rear of building. Virtually everything in this property is brand new: mechanical systems, electrical, kitchens, and bathrooms—giving you peace of mind and what should be years of worry-free living. Located in the middle of Lancaster’s vibrant downtown, you'll have a short walk to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!
Opportunity to own 5 contiguous, single family homes located just a short drive to Lancaster City Square. Acquisition offers new ownership a sizable footprint with future growth potential. Properties are currently leased with varying lease length. Property Addresses included in the sale are 618 S Queen St, 620 S Queen St, 622 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, 334-28147-0-0000, 334-28331-0-0000 ****Tax and assessment info listed is for 618 S Queen St only and does not include a cumulative total of all 5 houses. Please reference the additionally listed addresses and parcel numbers for additional tax and assessment info****** Also available: 624-626 S Queen St, See MLS#: PALA2061678
5 Unit Building, 10 garages, parking lot and large open space!!!!! Sizable footprint just minutes from Lancaster City Square.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.
Amazing opportunity to own in historic Lancaster County! This 7,000 sq ft property is able to be used for so many different opportunities! Per the C-3 zoning ordinance from East Lampeter Township permitted uses include bowling alley, convenience store, emergency service facility, garage to accommodate a commercial or public use, golf course, hotel/motel/bed and breakfast, museum, restaurant, bakery, shopping center, theater, etc. Please contact the township directly for additional questions and approval confirmation. The property is currently being used as a residence a retail space. The property has commercial water and sewer running to the property giving to the endless possibilities of use. there are 2, 2 car garages behind the property, fire hydrant on property reduces insurance costs, water softener and radon mitigation system on property.
10 Units plus 10 garages!!!! 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 4, large one bedroom apartments. 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. *****There is an additional studio unit currently not being rented that could potentially be licensed and added to the rent roll.*****
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.
