**Call for offers** The owner intends to review all offers on Tuesday, February 17th and has requested offers be submitted by close of business Monday, February 16th. Fully leased four unit multifamily investment property located in historic Leola, PA for sale. The property consists of two buildings - one consisting of three units and a separate freestanding carriage house. Unit mix includes three 2-bedroom, 1-bath units and one large efficiency, 1-bath unit located in the basement. Renovation of the basement unit, including installation of a new heat pump, was recently completed. The property offers off-street parking and is conveniently located near local businesses and amenities. Cash-flowing with established rental income.
Leola is located in Pennsylvania. Leola, Pennsylvania has a population of 7,721. Leola is more family-centric than the surrounding county with 34.4% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Leola, Pennsylvania is $74,481. 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 Leola is 35.5 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 43 inches per year, with 24.8 inches of snow per year.
