40.03574 -76.31362

464 MANOR ST LANCASTER, PA 17603

322852044 40.03574 -76.31362 230 /listing/322852044-150014272/464-manor-st-lancaster-pa-17603 False 0 729900.0 5400 101 PALA2024820 False
  • $729,900
  • 5,400 sqft
  • 0.16 lot
  • Est payment $3918.26/mo

Property & Neighborhood Info

Courtesy Of Berkshire Hathaway HomeServices Homesale Realty, (717) 393-0100

Commercial in LANCASTER

This is your opportunity to own a fabulous investment property in Lancaster city. Close to all the city has to offer. This 11 unit building has been updated with a brand-new rubber roof in 2019, and new gutters in 2021. A new deck was recently installed for the second-floor apartment in the rear. All apartments have been updated, mailboxes installed inside front door, replaced the front step, added upgraded landscaped area in rear yard, as well as many new windows. The front facade has been painted and looks fabulous. This building is broken down into 2 sections. One side of the building offers 7 individual very large rooms that are divided between the 2nd and 3rd floor of the building. These rooms share a common bathroom on each floor. These rooms provide great income and come with a waiting list of potential renters that are looking for a room to rent. The other section of this building includes 4 separate apartments that include a 1 bedroom apartment and 3 very spacious efficiency style apartments. The building stays fully rented, It also has a parking lot which provides additional income. All tenants are in a month to month lease. Leases could also be increased but the possibilities with this large building are endless.

Courtesy Of Berkshire Hathaway HomeServices Homesale Realty, (717) 393-0100
  1. 5,400 Sq. Ft.
  2. 0.16 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • Garage: 8.0
  • School District3: MCCASKEY H.S.
  • School District: SCHOOL DISTRICT OF LANCASTER
  • County: LANCASTER
  • Taxes: $7,251.00
  • Tax Year: 2022
  • Units: 11
  • MLS Number:PALA2024820

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • None
  • Cooling Fuel:
    • None
  • Flooring:
    • Hardwood
    • Vinyl
  • Water Heater:
    • Electric
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 5400.00
  • Business Type:
    • Apartment Building
  • New Construction:
    • No
  • Roof:
    • Rubber
  • Water Source:
    • Public
  • Foundation:
    • Stone
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Parking:
    • Paved Parking
    • Private
  • Electric:
    • 100 Amp Service
    • 200+ Amp Service
  • Expenses Include:
    • Cable TV
    • Insurance
    • Snow Removal
    • Trash
  • Heating:
    • None
  • Heating Fuel:
    • Electric
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable TV Available
  • Security Features:
    • Carbon Monoxide Detector(s)
    • Smoke Detector
  • Municipality:
    • LANCASTER CITY
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 85200.00
  • Gross Income Includes:
    • Apartment Rentals
    • Parking
  • List Type (Exclusive):
    • Exclusive Right
  • Net Operating Income:
    • 56073.00
  • Owner Pays:
    • Cable TV
    • Insurance
    • Sewer
    • Snow Removal
    • Taxes - Real Estate
    • Trash Collection
  • Rental Features:
    • No
  • Assessment Year:
    • 2022
  • Attribution Contact:
    • (717) 393-0100
  • Gross Expenses:
    • 24867.00
  • Insurance Exp:
    • 2839.00
  • Maintenance Exp:
    • 3200.00
  • MLSSystem ID:
    • BRIGHT
  • Operating Expense:
    • 24867.00
  • Other Expense:
    • 17676.00
  • Possession:
    • Subject to Existing Lease
  • Price Per SQFT:
    • 135.17
  • Rent Amount:
    • 80940.00
  • Sourced By:
    • Bright MLS
  • Total Parking Spaces:
    • 8
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
request more info.
Theresa Tarquinio
Theresa Tarquinio
Associate Broker/Owner
557 W Uwchlan Ave Ste 100 Exton PA 19341
40.03574 -76.31362

464 MANOR ST LANCASTER, PA 17603

322852044 40.03574 -76.31362 230 /listing/322852044-150014272/464-manor-st-lancaster-pa-17603 False 0 729900.0 5400 101 PALA2024820 False
  • $729,900
  • 5,400 sqft
  • 0.16 lot
  • Est payment $3918.26/mo