154-158 MAIN ST W, Leola, PA 17540
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154-158 MAIN ST W, Leola, PA 17540
154-158 MAIN ST W, Leola, PA 17540
154-158 MAIN ST W, Leola, PA 17540
154-158 MAIN ST W, Leola, PA 17540
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The Ramsey Rhoads Group

The Ramsey Rhoads Group

Berkshire Hathaway HomeServices Homesale Realty

+1(717) 400-1045
Listed by Joshua Miller • Bennett Williams Realty, Inc.
$ 495,000
Est. payment /mo
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154-158 MAIN ST W Leola, PA 17540

3,300 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $150

MLS Listing ID PALA2087744

Style Other

Abv Grd Liv Area 3,300

Year Built 1920

Annual Tax Amount $5,619

Tax Year 2026

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Detached

Source BRIGHT

Property Description

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation.

Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization.

Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Location

State PA

County Lancaster

Area Upper Leacock Twp (10536)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 12

Garage N

Building

Foundation Other

Above Ground Finished SqFt 3300

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Conestoga Valley

Others

Tax ID 5619

Ownership Fee Simple

SqFt Source 3300

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

The Ramsey Rhoads Group

The Ramsey Rhoads Group

Broker | RSRB061397C

+1(717) 400-1045

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154-158 MAIN ST W