2,614 Sqft Lot
2,614 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALA2075966
Year Built 1950
Annual Tax Amount $4,250
Tax Year 2025
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Excellent investment opportunity! This well-maintained 5-unit apartment building generates a solid 55,980 in annual income and offers strong rental potential with very spacious units. The property is in very good condition, making it a reliable, turn-key investment.
With low yearly taxes of just $4,250, investors can enjoy strong cash flow and long-term appreciation. Each unit provides ample living space, appealing to quality tenants and helping maintain consistent occupancy.
Whether you're a seasoned investor or looking to expand your portfolio, this property offers both stability and future growth.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R-4 - HIGH DENSITY
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 334-01645-0-0000
Ownership Fee Simple
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "