The Ramsey Rhoads Group
Berkshire Hathaway HomeServices Homesale Realty
[email protected] +1(717) 400-1045215 W VINE ST Lancaster, PA 17603
2,614 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,614 sqft
Price per Sqft $217
MLS Listing ID PALA2075966
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
Excellent investment opportunity! This well-maintained 5-unit apartment building generates a solid $48,700 in annual income and offers strong rental potential with very spacious units. The property is in very good condition, making it a reliable, turn-key investment.
With low yearly taxes of just $4,250, investors can enjoy strong cash flow and long-term appreciation. Each unit provides ample living space, appealing to quality tenants and helping maintain consistent occupancy.
Whether you're a seasoned investor or looking to expand your portfolio, this property offers both stability and future growth.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R-4 - HIGH DENSITY
Interior
Hot Water Electric
Heating Forced Air
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
SqFt Source Assessor
Special Listing Condition Standard
