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 PALA2080824
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
5-Unit Apartment Building – Prime Investment Opportunity
A standout income-producing property offering both stability and upside. This well-maintained 5-unit apartment building generates $55,800 in annual income and features exceptionally spacious units, making it highly attractive to long-term, quality tenants. The building is in very good condition, providing a true turnkey investment.
With low annual taxes of just $4,250, this property delivers strong cash flow while positioning you for long-term appreciation. The generous unit layouts help support consistent occupancy and rental growth over time.
Ideal for both seasoned investors and those looking to scale their portfolio, this property combines dependable income with future potential
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R4 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
Nearby Locations
- 9
Nitrauer Elementary School
Public | KG - 4
- 8
Schaeffer Elementary School
Public | KG - 4
- 7
Brecht Elementary School
Public | KG - 4
- 5
Buchanan Elementary School
Public | PK - 5
- 5
King Elementary School
Public | EE - 5
- 5
Burrowes Elementary School
Public | EE - 5
- 4
Hamilton Elementary School
Public | PK - 5
- 4
Wharton Elementary School
Public | PK - 5
- 4
Ross Elementary School
Public | PK - 5
- 4
Wickersham Elementary School
Public | EE - 5
- 3
Lafayette Elementary School
Public | EE - 5
- 3
Price Elementary School
Public | EE - 5
- 3
Fulton Elementary School
Public | EE - 5
- 3
Carter & MacRae Elementary School
Public | EE - 5
- 1
Washington Elementary School
Public | EE - 5
- 0
Lancaster Country Day School
Private | PK - 12
- 0
The New School of Lancaster
Private | PK - 8
- 0
Sacred Heart School
Private | KG - 8
- 0
College Hill Children's Center
Private | KG - KG
- 0
Way of Jesus Academy
Private | PK - 3
- 5
Martin School
Public | EE - 8
- 4
Reynolds Middle School
Public | 6 - 8
- 4
Lincoln Middle School
Public | 6 - 8
- 3
Wheatland Middle School
Public | 6 - 8
- 2
La Academia Partnership Charter School
Public | 6 - 12
- 2
J. P. McCaskey High School Campus
Public | EE - 12
- 1
Phoenix Academy
Public | 6 - 12
- 1
Hand Middle School
Public | 6 - 8
- 8
Penn Manor High School
Public | 9 - 12
- 0
Lancaster Catholic High School
Private | 9 - 12
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