Detached-Building Multifamily
New
For Sale
$300,000
278 LOWTHER Street, Lemoyne, PA 17043
Multi-Family, LEMOYNE, PA
Property Size2,760 SF
Lot Size0.48 Acres
Price / SF$108.70
Days on Market3
Property Features for 278 LOWTHER Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement
Parking
16
Parking features
Driveway, Garage - Detached, Parking Lot
Interior features
Attic, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In
Appliances
Refrigerator, Oven/Range - Gas
High school
CEDAR CLIFF
Elementary school district
WEST SHORE
Middle school district
WEST SHORE
High school district
WEST SHORE
Standard status
Active
Size
2,760 SF
Lot size
0.48 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Annual Amount
4289
Utilities
Heating system
Steam, Baseboard, Hot Water(Heating)
Building Details
Year built
1922
Number of units
2
Building materials
Block, Masonry, Shingle Siding, Frame
Architectural style
Other
Buildings
3
Listing Agency:
RE/MAX Realty Associates · RE/MAX International
(717) 761-6300
Listed By:
Stephen M Hawbecker · License #RS103895A
(717) 877-5599
Added: Oct 24
Last Checked: Oct 26 at 2:06AM
MLS# PACB2059788
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.
Set on 0.48 acres, the property comprises three detached buildings. The main residence offers four bedrooms across two stories, with living and dining rooms, a kitchen, a full basement, and covered porches at both the front and rear. It measures 1,800 square feet and has a two-zone gas hot-water furnace and 100-amp electric service.
A second two-story building pairs garage or storage space on the ground level with a 624-square-foot, one-bedroom apartment above. The apartment has separate 100-amp electric service and gas meters, shares a water line, and is served by an oil steam furnace and gas water heater. The third building measures 48 by 20 feet and is currently used for a one-car garage and storage; it was previously configured as a four-car garage. A paved driveway leads to a parking area with room to turn around.
A second two-story building pairs garage or storage space on the ground level with a 624-square-foot, one-bedroom apartment above. The apartment has separate 100-amp electric service and gas meters, shares a water line, and is served by an oil steam furnace and gas water heater. The third building measures 48 by 20 feet and is currently used for a one-car garage and storage; it was previously configured as a four-car garage. A paved driveway leads to a parking area with room to turn around.
Key Highlights
- Three detached buildings on a 0.48‑acre parcel
- 1,800‑square‑foot, four‑bedroom, two‑story residence with full basement and covered front and rear porches
- 624‑square‑foot, one‑bedroom apartment above ground‑floor garage or storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,312
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,240
$466.2K
Cap Rate 7%
$333,029
$333.0K
Cap Rate 9%
$259,022
$259.0K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$45.0K $16.32/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$42.4K $15.36/SF
− OpEx
−$19.1K −$6.91/SF
NOI
$23.3K $8.45/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,240
Cap Rate 7%
$333,029
Cap Rate 9%
$259,022
Alternative Uses
Best Use
Apartment 5plus
$333.0K
$291.4K – $388.5K
NOI $23,312 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$641.1K
$561.0K – $748.0K
NOI $44,879 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
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Business Placement
Demographics for 17043, PA
6,184
Population
3,037
Households
2
Avg Household Size
41
Median Age
37%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
2,945
Density / Sq Mi
$66,752
Median Household Income
$46,436
Median Earnings
$968
Median Rent
$216,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The parcel includes a two-story residence, an apartment above garage and storage space, and a separate garage-storage building.
Where is this multifamily property located?
The property is located at 278 LOWTHER Street Lemoyne, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three detached buildings on a 0.48‑acre parcel; 1,800‑square‑foot, four‑bedroom, two‑story residence with full basement and covered front and rear porches; 624‑square‑foot, one‑bedroom apartment above ground‑floor garage or storage space
