Prime Investment Opportunity - Multi-Unit Property in Lancaster City Welcome to a prime investment opportunity in the heart of Lancaster City! This newly renovated, well-maintained 2-unit property offers excellent rental income with a cap rate of 10%. Each unit is beautifully updated and designed with modern finishes, providing tenants with comfortable living spaces. Off-street parking and separate utilities for each unit add to the convenience and ease of management. Situated in a desirable neighborhood close to amenities, schools, and public transportation, this property attracts quality tenants. With its high return on investment and minimal maintenance costs, this multi-unit building is perfect for investors looking for a profitable and hassle-free investment. Don’t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Contact us today for more information or to schedule a viewing.
Sold for $306,000 on 08/23/24
$306,000
845 E Orange St, Lancaster, PA 17602
5beds
2baths
1,974sqft
Townhouse
Built in 1890
-- sqft lot
$321,400 Zestimate®
$155/sqft
$1,705 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2024 at 02:14pm
Listed by:
Portia Costello 717-344-4094,
Realty One Group Generations,
Co-Listing Team: The Mabel Hinson Team, Co-Listing Agent: Mabel Hinson 717-344-1873,
Realty One Group Generations
Bought with:
Ryan Quindlen, RS330707
Berkshire Hathaway HomeServices Homesale Realty
Source: Bright MLS,MLS#: PALA2053740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Basement
- Area: 0
Heating
- Central, Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Oven/Range - Electric, Refrigerator, Range Hood, Oven/Range - Gas, Washer, Electric Water Heater, Gas Water Heater
Features
- Combination Kitchen/Dining, Eat-in Kitchen, Dry Wall, Plaster Walls
- Flooring: Ceramic Tile, Hardwood, Laminate
- Windows: Insulated Windows, Replacement, Window Treatments
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Parking
- Parking features: Gravel, Free, Lighted, Private, Unpaved, On Street, Parking Lot, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Exterior features: Flood Lights, Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 1,742 sqft
- Features: Level, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3328090500000
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick, Masonry
- Foundation: Stone
- Roof: Rubber
Condition
- Excellent
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Escape
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 35400
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$321,400
2% more+$6,428
With Zillow Showcase(estimated)$327,828