Description
Prime investment opportunity – fully rented triplex near lancaster general hospital & franklin & marshall college. located just one block from lancaster general hospital and within walking distance to franklin & marshall college, this well-maintained 3-unit property offers a fantastic investment opportunity in a highly sought-after area. currently fully rented, the property generates a steady gross rent of $51,300 annually, with tenants responsible for some of the utilities.
property features: unit 1 has1 bedroom, 1 full bathroom, with in-unit laundry ($1,225 rent); unit 2 has 2 bedrooms, 1 full bathroom and shares laundry in basement. ($1,495 rent); unit 3 has 1 bedroom, 1 full bathroom and shares laundry in basement ($1,145 rent).
the home is in great condition with hardwood floors throughout, providing a charming and low maintenance living environment. enjoy the outdoor space with a welcoming front porch and a cozy backyard, perfect for relaxation. this property presents a unique opportunity to own a turnkey rental in a prime location, appealing to medical professionals, college students, and renters alike.
Property Type
Multi-FamilyCounty
LANCASTERStyle
TraditionalAD ID
49199507
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Room Information
- Patio/Porch Features: Balcony,Brick,Patio(s),Porch(es)
Interior Features
- Bathroom - Tub Shower,Ceiling Fan(s),Window Treatments,Wood Floors,Dining Area,Floor Plan - Traditional,Kitchen - Eat-In
- Roof : Rubber
- Exterior Property Features : Fire Escape,Sidewalks
- Property Appliances: Built-In Range,Dishwasher,Dryer,Oven/Range - Electric,Refrigerator,Stove,Washer,Water Heater
Roofing Information
- Rubber
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Radiator
- Cooling Fuel: Electric
- Heating Fuel: Oil
-
Exterior Features
Building Information
- Exterior Features: Fire Escape,Sidewalks
- Year Built: 1883
- Structure: End of Row/Townhouse
- Major Appliances: Built-In Range,Dishwasher,Dryer,Oven/Range - Electric,Refrigerator,Stove,Washer,Water Heater
- New Construction: No
- Total Units: 3
- Built: 1883
- Construction Material: Brick,Masonry
- Roof: Rubber
- Foundation/Basement: Stone
- Architecture: Traditional
- Pool/Private: No Pool
- Roof Type: Rubber
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1,742
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.04
- Architectural Style: Traditional
- Main Square Feet: 1,742
Property Information
- SQ ft: 3,708
- SQ ft (Living Area): 2,786
- Total Lot SQ ft: 1,742
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.04
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Immediate,Negotiable,Settlement
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,240
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,Negotiable,Settlement
Assessment Information
- Taxes Assessment Amount: $157,700
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
- Roof: Rubber
Homeowners Association Information
- Direction: Take N Prince Street (Route 222) into Lancaster City, turn left onto James Street, cross over N Queen and the house is on the right. Use GPS.
-
School, Utilities & Location Details
School Information
- School District: SCHOOL DISTRICT OF LANCASTER
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Oil
- Hot Water: Natural Gas
Location Information
- Direction: Take N Prince Street (Route 222) into Lancaster City, turn left onto James Street, cross over N Queen and the house is on the right. Use GPS.
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BuyOwner last updated this listing 04/09/2025 @ 02:26
- MLS: PALA2066684
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,786 sqft, 1,742 sized lot, and 0 parking. are nearby neighborhoods.