Fully leased 4-unit brick investment in Lancaster City; $53,280 in annual rents. Full of classic city character, the property offers four 1-bedroom, 1-bath apartments with updated kitchens, modern flooring, and tall windows that fill each unit with natural light. The top-floor apartment stands out with sloped ceilings and dormer windows for a loft-style feel. With 100% occupancy, roughly $33,400 in NOI, and tenants reimbursing the landlord for utilities, this property delivers cash flow from day one. The solid brick building features a newer roof (architectural shingle and rubber), a stone foundation, natural gas radiator heat, and natural gas hot water, all on public water and sewer. The location is a major draw; a short distance from Penn Square, Lancaster Central Market, and downtown’s restaurants, shops, and galleries, with easy access to Routes 222 and 30. Lancaster City’s steady rental demand keeps units leasing quickly. This is a strong add for a seasoned investor or an ideal start for an owner-occupant looking to house-hack a 4-unit. Don't miss the opportunity!
Listed By
Agency Name: Astoria Realty Advisors LLC
Agency Phone: 7174256264
Shown By
Agent Name: Virginia S. Rose
Agent Phone: (570) 288-9371
Agency Title: Lewith & Freeman
Lewith & Freeman Virginia S. Rose (570) 288-9371 vsrose@lewith-freeman.com
Estimated Payment
$ 2,608.52 per month $2,158.23 Principal & Interest $339.75 Property Tax $110.54 Homeowner's InsuranceSend an email with a link to
633 Manor Street, Lancaster, PA 17603.
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633 Manor Street, Lancaster, PA 17603.
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633 Manor Street | MLS# PALA2098216
This multi-family property located at 633 Manor Street, Lancaster, PA 17603 is currently listed for sale with an asking price of $379,000. Manor Street is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on vrose.lewith-freeman.com today.