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Duplex with Oversized Garage
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 Market17

Property Features for 104-106 W MAIN Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Dining Room, Basement
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 Electric (Heating), Baseboard

Building Details

Year built 1921
Number of units 2
Building materials Stick Built, Vinyl Siding
Architectural style Other
Listing Agency: Kingsway Realty - Ephrata
Listed By: Shelby L Hollinger · License #RS205965L
Added: Oct 6 Changed: Oct 20 Last Checked: Oct 22 at 10:06PM
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.

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Investment Insights

Based on property information with market context.

This 3,040-square-foot property on 0.31 acres combines a two-unit residence with a detached, oversized three-car garage. The first residential unit has three bedrooms and two full bathrooms; the second has four bedrooms and one and a half bathrooms. Both include electric baseboard heat, and the house is currently occupied by the owners.

The garage includes an office, workshop and additional storage, plus a second-floor loft and a dedicated bathroom at the rear of the house building. Its electric service is separately metered. The site also has driveway and parking area, and is served by public water and sewer. Zoning is industrial/commercial.

Key Highlights

  • Two residential units: one with 3 bedrooms and 2 full bathrooms; the other with 4 bedrooms and 1‑1/2 bathrooms
  • Detached oversized garage accommodates 3 cars and includes an office, workshop, storage, loft and dedicated bathroom
  • 3,040 square feet on a 0.31‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,757
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,140 $755.1K
Cap Rate 7%
$539,386 $539.4K
Cap Rate 9%
$419,522 $419.5K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$65.7K $21.60/SF
− Vacancy
−$5.3K −$1.73/SF
EGI
$60.4K $19.87/SF
− OpEx
−$22.7K −$7.45/SF
NOI
$37.8K $12.42/SF
Area
Lancaster County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,140
Cap Rate 7%
$539,386
Cap Rate 9%
$419,522

Alternative Uses

Best Use
Mixed Use
$539.4K
$472.0K – $629.3K (±1% cap)
NOI $37,757 @ 7.0% cap · market cap 7.87%
Second Best
Multifamily LT 5
$485.1K
$424.5K – $565.9K (±1% cap)
NOI $33,956 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$1.02M
$891.4K – $1.19M (±1% cap)
NOI $71,311 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Electrical Service Building Supply (Bike/Boat/Book/etc) Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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 residential units: one with 3 bedrooms and 2 full bathrooms; the other with 4 bedrooms and 1‑1/2 bathrooms; Detached oversized garage accommodates 3 cars and includes an office, workshop, storage, loft and dedicated bathroom; 3,040 square feet on a 0.31‑acre parcel
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