Duplex with Oversized
New
For Sale
$479,900
104-106 W MAIN Street, Reinholds, PA 17569
Multi-Family, REINHOLDS, PA
Property Size3,040 SF
Lot Size0.31 Acres
Price / SF$157.86
Days on Market2
Property Features for 104-106 W MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement, Dining Room
Parking
13
Parking features
Garage - Detached, Driveway
Interior features
Attic, Carpet, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Galley
Appliances
Built-In Microwave, Oven/Range - Electric, WaterHeater, Refrigerator
Middle school
COCALICO
High school
COCALICO
Elementary school district
COCALICO
Middle school district
COCALICO
High school district
COCALICO
Standard status
Active
Size
3,040 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
5490
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1921
Number of units
2
Building materials
Stick Built, Vinyl Siding
Architectural style
Other
Listing Agency:
Kingsway Realty - Ephrata
(717) 733-4777
Listed By:
Shelby L Hollinger · License #RS205965L
(717) 587-5079
Added: Oct 6
Last Checked: Oct 7 at 11:06PM
MLS# PALA2096608
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.
Investment Insights
Based on property information with market context.
The 3,040-square-foot property includes a house with two side-by-side residential units and a detached, oversized three-car garage. One residence has three bedrooms and two full baths; the other has four bedrooms and one and a half baths. Both units use electric baseboard heat and are currently owner-occupied.
The garage has its own electric meter, a bathroom, office space, workshop and storage, plus a second-floor loft. The 0.31-acre parcel provides a parking area and is served by public water and sewer. Zoning is Industrial/Commercial, and the house was built in 1921.
The garage has its own electric meter, a bathroom, office space, workshop and storage, plus a second-floor loft. The 0.31-acre parcel provides a parking area and is served by public water and sewer. Zoning is Industrial/Commercial, and the house was built in 1921.
Key Highlights
- Two side‑by‑side residential units, with 3 bedrooms and 2 full baths in one and 4 bedrooms and 1‑1/2 baths in the other
- Detached oversized garage with 3‑car capacity, office, workshop, storage, loft and bathroom
- Garage has a separate electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,956
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,120
$679.1K
Cap Rate 7%
$485,086
$485.1K
Cap Rate 9%
$377,289
$377.3K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$49.2K $16.20/SF
− Vacancy
−$739 −$0.24/SF
EGI
$48.5K $15.96/SF
− OpEx
−$14.6K −$4.79/SF
NOI
$34.0K $11.17/SF
Area
Lancaster County, PA
Vacancy
1.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,120
Cap Rate 7%
$485,086
Cap Rate 9%
$377,289
Alternative Uses
Best Use
Multifamily LT 5
$485.1K
$424.5K – $565.9K
NOI $33,956 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$427.8K
$374.3K – $499.1K
NOI $29,946 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.02M
$891.4K – $1.19M
NOI $71,311 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 17569, PA
6,198
Population
2,661
Households
2.3
Avg Household Size
39
Median Age
22%
College-Educated
85%
High-School Grad
16.6 sq mi
ZIP Area
373
Density / Sq Mi
$92,480
Median Household Income
$53,811
Median Earnings
$1,074
Median Rent
$266,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Industrial/Commercial zoning and public water and sewer serve the property.
Where is this duplex located?
The property is located at 104-106 W MAIN Street Reinholds, PA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two side‑by‑side residential units, with 3 bedrooms and 2 full baths in one and 4 bedrooms and 1‑1/2 baths in the other; Detached oversized garage with 3‑car capacity, office, workshop, storage, loft and bathroom; Garage has a separate electric meter
