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    Two-Unit Apartment Building with Garage Title is generated by Realmo AI

    28 S ROBERTS Avenue, New Holland, PA 17557

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    Claim this Listing
    New
    For Sale
    $319,900

    MULTI_FAMILY - Other - NEW HOLLAND, PA

    Property size:
    1,616 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $197/SF
    Added:
    Jun 18, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 28 S ROBERTS Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    3
    Parking features
    Garage - Detached, Off Street, On Street
    Standard status
    Active
    Size
    1,616 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2851

    Utilities

    Heating system
    Electric (Heating), Forced Air, Baseboard

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Asbestos
    Architectural style
    Other

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    Listing Contact
    Jacob Beiler

    Listing agent Jacob Beiler License #RS373503

    Listing office Hostetter Realty LLC 321 E Main Street, NEW HOLLAND, PA

    Listing date Jun 18, 2026

    MLS# PALA2090460 Listing URL

    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.

    HighLights

    • 2‑unit investment property in New Holland: 1st floor 2‑bedroom apartment and 2nd floor 3 individual room rentals that share a kitchen and bathroom
    • Detached garage is rented for $150 per month
    • Multiple income sources reported: 2‑unit property plus rented detached garage
    • Garage parking includes off‑street and on‑street parking options

    Overview

    This two-unit rental property is set up to generate multiple streams of income. The first-floor unit is a 2-bedroom apartment. The second floor consists of three individual room rentals that share a kitchen and a bathroom. In addition, there is a large detached garage that is currently rented for $150 per month.

    Located in New Holland, the property sits on a 0.11-acre lot. The building configuration supports both apartment-style living on the first floor and shared-amenity room rentals on the second floor, which can appeal to tenants looking for different arrangements within the same property.

    For buyers seeking a straightforward multifamily with varied unit types, this layout offers a practical way to diversify tenant mix. The separately rented detached garage adds a non-residential component to the income picture, while the shared kitchen and bath arrangement on the second floor provides an efficient configuration for room rentals. This is a good fit for an owner-operator or investor looking for a compact income property in New Holland with clear, existing rental structure.

    Local 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 $26.2k $16.20
    − Vacancy −$393 −$0.24
    EGI $25.8k $15.96
    − OpEx −$7.7k −$4.79
    NOI $18.1k $11.17
    1,616 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $257.9K
    $225.6K – $300.9K (±1% cap)
    NOI $18,051 @ 7.0% cap · market cap 5.64%
    Second Best
    Apartment 5plus
    $227.4K
    $199.0K – $265.3K (±1% cap)
    NOI $15,918 @ 7.0% cap · market cap 4.98%
    Theoretical Best
    Office A
    $541.5K
    $473.8K – $631.8K (±1% cap)
    NOI $37,907 @ 7.0% cap · market cap 11.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    New Holland
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.08902
    Latitude
    40.10147

    FAQs

    What type of property is this?
    Duplex - Two-unit rental property with a detached, separately rented garage providing additional income stream.
    Where is this duplex located?
    The property is located at 28 S ROBERTS Avenue New Holland, PA.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: 2‑unit investment property in New Holland: 1st floor 2‑bedroom apartment and 2nd floor 3 individual room rentals that share a kitchen and bathroom; Detached garage is rented for $150 per month; Multiple income sources reported: 2‑unit property plus rented detached garage
    More about this property
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