546 POPLAR Street Lancaster, PA 17603
MULTI_FAMILY - Other - LANCASTER, PA
- Added:
- Jul 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features for 546 POPLAR Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,424 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3954
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Electric (Heating)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick, Masonry
- Architectural style
- Other
Listing agent Faruk Sisic License #RS280268 (717) 669-2603
Listing office Cavalry Realty, LLC 1250 E King Street, Etters, PA (717) 283-3770
Listing date Jul 1, 2026
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.
The building is situated on a corner lot in Lancaster, PA, and is described as being close to local amenities. The combined setup provides straightforward separation between two distinct living spaces.
This configuration can suit investors seeking two income streams within a single property, or owner-occupants who prefer to live in one unit and rent the other to help offset housing costs. The current unit mix and utility structure provide a clear operating model for budgeting and day-to-day management.
Key Highlights
- Corner lot multi‑unit building in Lancaster, PA with 2 units
- Unit 1: 1 bed/1 bath on the first floor; electric baseboard heat; rents for $975/month
- Unit 2: 6 bed/2 bath; gas boiler/hot water heat; rents for $1,750/month
Local Financial Insights For Apartment 5plus
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 | $43.6k | $18.00 |
| − Vacancy | −$218 | −$0.09 |
| EGI | $43.4k | $17.91 |
| − OpEx | −$19.5k | −$8.06 |
| NOI | $23.9k | $9.85 |
