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    249 N Mulberry St Lancaster, PA 17603

    Sponsored
    For Sale
    $795,000

    MULTI_FAMILY - Other - LANCASTER, PA

    Property size:
    2,800 SF
    Lot size:
    0.05 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 249 N Mulberry St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    2,800 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    1880
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Elite (717) 553-2500 [email protected]

    Listing agent James Fisher (717) 799-2066 License #RS282542

    Listing date Jan 2, 2026

    MLS# PALA2081150 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Four-Unit Multifamily Property

    This fully renovated four-unit multifamily property is located on one of Lancaster City's favorite streets, offering excellent walkability for tenants. The property presents an incredible opportunity for a house hack. The building has low taxes and is projected to be a great asset for any portfolio. The property has undergone extensive renovations, including new kitchens, baths, electrical systems, plumbing, HVAC, mini splits, gas tankless water heaters, windows, a new roof, and fire monitoring systems. The property size is 2800 square feet and the lot size is 0.05 acres. All units are currently vacant with projected annual rents between $5400 and $6,000, with potentially higher returns for mid-term landlords. The property is located in LANCASTER, PA 17603.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.31100464
    Latitude
    40.04204559

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    FAQs

    What type of property is this?
    Quadplex - Fully renovated four-unit property in Lancaster, PA.
    Where is this quadplex located?
    The property is located at 249 N Mulberry St Lancaster, PA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Fully renovated 4-unit building with all new kitchens, baths, electrical, plumbing, HVAC and mini splits, gas tankless water heaters, windows, and roof.; - Projected annual rental income of $5,400-$6,000 with potential for higher returns as a mid-term rental.; - Located on a desirable street in Lancaster City with high walkability.
    (717) 799-2066
    Request Owner's contact information
    249 N Mulberry St Lancaster, PA 17603
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    Lancaster, PA 17603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    249 N Mulberry St Lancaster, PA 17603
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