Residential Income Duplex with
181 WINDOVER Turn Lancaster, PA 17601
For Sale
$695,000
MULTI_FAMILY - National - LANCASTER, PA
Property Size2,100 SF
Lot Size0.87 Acres
Price / SF$330.95
Days on Market64
Property Features for 181 WINDOVER Turn
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking
- 6
- Parking features
- Driveway
- Interior features
- Combination Dining/Living, Skylight(s), Upgraded Countertops
- Fireplace
- 1
- Appliances
- Built-In Microwave, Dishwasher, Dryer - Electric, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.87 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6155
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1925
- Number of units
- 2
- Building materials
- Frame, Vinyl Siding, Wood Siding
- Architectural style
- National
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 786-1300
Listed By:
Ron Mummau · License #RS339613
(717) 413-7555
Added: May 22
Changed: Jul 24
Last Checked: Jul 24 at 7:06PM
MLS# PALA2088696
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.
This residential income property features a 2.5-story well-maintained farmhouse with approximately 2,100 square feet of living area. The layout includes 4 bedrooms, 2 full baths, an office/flex area, and 2 fireplaces.
The lower level provides a separate 1-bedroom apartment that is vacant, along with a finished business office described as permitted. Additional space is available for storage or development uses, and the property is set on 0.87 acres in a wooded setting.
A standout improvement is a well-preserved 38' x 78' 19th-century timber-frame barn, offering substantial enclosed storage and flexible use consistent with a residential income setting.
The lower level provides a separate 1-bedroom apartment that is vacant, along with a finished business office described as permitted. Additional space is available for storage or development uses, and the property is set on 0.87 acres in a wooded setting.
A standout improvement is a well-preserved 38' x 78' 19th-century timber-frame barn, offering substantial enclosed storage and flexible use consistent with a residential income setting.
Key Highlights
- 2.5‑story farmhouse built in 1925 with 2,100 SF of living area, 4 bedrooms, and 2 full baths
- Lower level includes a vacant 1‑bedroom apartment and a finished, permitted business office
- 38' x 78' timber‑frame barn for storage or reuse
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 | $34.0k | $16.20 |
| − Vacancy | −$510 | −$0.24 |
| EGI | $33.5k | $15.96 |
| − OpEx | −$10.1k | −$4.79 |
| NOI | $23.5k | $11.17 |
2,100 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.1K
$293.2K – $391.0K
NOI $23,457 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K
NOI $20,686 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$703.7K
$615.8K – $821.0K
NOI $49,261 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - 2.5-story farmhouse includes 4 bedrooms and a vacant 1-bedroom apartment, plus a 38x78 timber-frame barn on 0.87 acres.
Where is this duplex located?
The property is located at 181 WINDOVER Turn Lancaster, PA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2.5‑story farmhouse built in 1925 with 2,100 SF of living area, 4 bedrooms, and 2 full baths; Lower level includes a vacant 1‑bedroom apartment and a finished, permitted business office; 38' x 78' timber‑frame barn for storage or reuse
