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1710-1712 Temple Avenue, Lancaster, PA, 17603
Side-by-Side Duplex with Decks

1710-1712 Temple Avenue Lancaster, PA 17603

For Sale
$325,000

Side-by-side duplex on a corner lot with two one-bedroom, one-bath units, each with its own private entrance and front deck.

Property Size1,152 SF
Price / SF$282.12
Days on Market28

Property Features for 1710-1712 Temple Avenue

General Information

Standard status
Active
Size
1,152 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1962
Listing Agency: Lusk & Associates Sotheby's International Realty
Listed By: Anne M Lusk · License #RS210178L
Source: Compass
Added: Jun 29 Changed: Jul 22 Last Checked: Jul 26 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lusk & Associates Sotheby's International Realty


Investment Insights

Based on property information with market context.

1710-1712 Temple Avenue is a well-maintained side-by-side duplex featuring two one-bedroom, one-bath units with private entrances and dedicated front decks. Each unit offers a single-level layout with a spacious living area, a kitchen with a range and refrigerator, comfortable bedrooms, and a full bath with tub/shower combinations. Built-in storage and insulating windows with window treatments help support an easy-to-maintain, tenant-ready setup. The exterior improvements include gutters and exterior lighting, along with sidewalks and paved off-street parking supported by a four-car driveway.

The property is located on a corner lot and backs to mature trees. Tenants are currently in place on month-to-month leases, providing flexibility for future owners.

Both units are separately accessed and configured similarly, making the property practical for an owner-occupant or an income-focused investor seeking two distinct leased residences under one roof.

Key Highlights

  • Well‑maintained side‑by‑side duplex built in 1962 with two 1‑bedroom, 1‑bath units
  • Each unit has a private entrance and a dedicated front deck
  • Insulated windows and storm doors; level entry with no stairs at the main entry

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 $18.7k $16.20
− Vacancy −$280 −$0.24
EGI $18.4k $15.96
− OpEx −$5.5k −$4.79
NOI $12.9k $11.17
1,152 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$183.8K
$160.9K – $214.5K (±1% cap)
NOI $12,868 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$162.1K
$141.9K – $189.1K (±1% cap)
NOI $11,348 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$386.0K
$337.8K – $450.4K (±1% cap)
NOI $27,023 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Bakery Barber Shop Kitchen & Bath Showroom Daycare Center Building Supply Locksmith Catering Service (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Duplex - Side-by-side duplex on a corner lot with two one-bedroom, one-bath units, each with its own private entrance and front deck.
Where is this duplex located?
The property is located at 1710-1712 Temple Avenue Lancaster, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1962 with two 1‑bedroom, 1‑bath units; Each unit has a private entrance and a dedicated front deck; Insulated windows and storm doors; level entry with no stairs at the main entry
More about this property
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