404 W ORANGE Street, Lancaster, PA 17603
MULTI_FAMILY - Other - LANCASTER, PA
- Added:
- May 13, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 27 at 11:06 pm
Property Features for 404 W ORANGE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Garage - Detached, On Street
- Interior features
- Attic
- Standard status
- Active Under Contract
- Size
- 2,800 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3851
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1857
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Kate Bailey License #RS320338 (215) 868-2450
Listing office Coldwell Banker Realty 390 Waterloo Boulevard unit: 101, Plymouth Meeting, PA (610) 363-6006
Listing date May 13, 2026
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.
HighLights
- Built in 1857
- Masonry construction
- Forced‑air heating
- Window unit A/C
- Detached garage plus on‑street parking
- Includes an attic
Overview
The property is located at 404 W Orange Street in Lancaster, Pennsylvania 17603, in Lancaster County. As an income-focused asset, it is presented as a straightforward acquisition for buyers who want a small-scale multifamily holding in the Lancaster market.
From a tenant and operator perspective, a triplex format can support multiple residential households within one property, which may appeal to investors seeking diversification across units while keeping ownership complexity comparatively contained. For buyers, it offers an opportunity to evaluate a single, clearly defined multifamily asset on a modest site, with the ability to underwrite the property based on its existing multifamily layout and total size.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $16.20 |
| − Vacancy | −$680 | −$0.24 |
| EGI | $44.7k | $15.96 |
| − OpEx | −$13.4k | −$4.79 |
| NOI | $31.3k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3131104
- Latitude
- 40.0385666
