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Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,268 sqft
Price per Sqft $175
MLS Listing ID PALA2046980
Sold Date 07/22/24
Style Dwelling with Rental,Dwelling w/Separate Living Area,Craftsman,Other
Abv Grd Liv Area 3,268
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $6,090
Tax Year 2023
Lot Size 0.790 Acres
Acres 0.79
Lot Dimensions 0.00 x 0.00
Property Description
Introducing a prime investment opportunity in Lancaster, PA. This unique 2-unit, Mixed Use zoned property offers a multitude of possibilities for investors or those seeking an income-producing living arrangement. Situated on a 0.7-acre lot, this property features a large and charming brick main house, with 4 bedrooms and 1.5 baths, providing ample space for comfortable living.
Adding to the appeal is a detached garage with an exclusive 1-bedroom, 1-bathroom dwelling unit above. With its own kitchen and dining area, this additional unit presents an excellent opportunity for supplementary rental income or a separate living space for extended family.
Currently, both units are leased (month to month), ensuring immediate returns on your investment. The main house spans approximately 2,400 square feet, offering generous living spaces, while the unit above the garage provides an additional 900 square feet of well-designed living area.
Whether you're a homeowner looking to offset mortgage expenses by leasing out part of your property or an investor seeking your next opportunity, this multifamily gem caters to your needs. Contact the listing agent for more information.
Location
State PA
County Lancaster
Area East Lampeter Twp (10531)
Zoning MIXED USE
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Driveway
Total Parking Spaces 15
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental, Dwelling w/Separate Living Area, Craftsman, Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Conestoga Valley
Others
Tax ID 310-28128-0-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Calvin Yoder • Keller Williams Elite
"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."
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