Building Details

Year Built 1954

Listing Agency: Fisher Realty k***@fisherrealty.com Show Phone

Listed By: John W Crawford · License #RB369701 Show Phone

Source: Ginaspaziano

Added: Oct 19 Changed: Nov 1 Last Checked: Nov 1 at 3:16AM

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Investment Insights

Based on property information with market context.

This duplex includes in-law quarters within approximately 1,779 square feet. Hardwood floors run through the interior, which also has an eat-in kitchen with a combined dining area and essential appliances. A deck and paved driveway add outdoor and parking features.

The property occupies a 0.44-acre lot beside Conestoga Creek, with open space around it. Built in 1954, it combines the main residence with additional in-law quarters.

Key Highlights

• Approximately 1,779 sq. ft. of living space with in‑law quarters
• 0.44‑acre lot bordering Conestoga Creek
• Deck and paved driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,871

Cap Rate

6.85%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$397,420 $397.4K

Cap Rate 7%

$283,871 $283.9K

Cap Rate 9%

$220,789 $220.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,779 SF

Gross rent

$28.8K $16.20/SF

− Vacancy

−$432 −$0.24/SF

EGI

$28.4K $15.96/SF

− OpEx

−$8.5K −$4.79/SF

NOI

$19.9K $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%

$397,420

Cap Rate 7%

$283,871

Cap Rate 9%

$220,789

Alternative Uses

Best Use

Multifamily LT 5

$283.9K

$248.4K – $331.2K (±1% cap)

NOI $19,871 @ 7.0% cap · market cap 6.85%

Second Best

Apartment 5plus

$250.3K

$219.1K – $292.1K (±1% cap)

NOI $17,524 @ 7.0% cap · market cap 6.04%

Theoretical Best

Office A

$596.2K

$521.6K – $695.5K (±1% cap)

NOI $41,731 @ 7.0% cap · market cap 14.39%

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

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

Explore this area Business Placement

Demographics for 17554, PA

8,042

Population

3,115

Households

2.6

Avg Household Size

39

Median Age

32%

College-Educated

93%

High-School Grad

3.1 sq mi

ZIP Area

2,594

Density / Sq Mi

$95,516

Median Household Income

$48,248

Median Earnings

$1,346

Median Rent

$270,600

Median Home Value

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 - Hardwood flooring, an eat-in kitchen, and creekside outdoor space shape this 1954 residence.

Where is this duplex located?

The property is located at 153 HERSHEY MILL ROAD Mountville, PA.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: Approximately 1,779 sq. ft. of living space with in‑law quarters; 0.44‑acre lot bordering Conestoga Creek; Deck and paved driveway