Residential Income Property with In-Law
For Sale
$699,900
57 ORCHARD Road, Bird in Hand, PA 17505
MULTI_FAMILY - Other - BIRD IN HAND, PA
Property Size4,510 SF
Lot Size1.50 Acres
Price / SF$155.19
Days on Market48
Property Features for 57 ORCHARD Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
High school
PEQUEA VALLEY
Elementary school district
PEQUEA VALLEY
Middle school district
PEQUEA VALLEY
High school district
PEQUEA VALLEY
Standard status
Active
Size
4,510 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Annual Amount
7722
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Number of units
2
Building materials
Frame, Stucco
Architectural style
Other
Listing Agency:
Lime House
(717) 840-1355
Listed By:
Aaron Glick · License #RS374368
(717) 259-3930
Added: Jun 17
Changed: Jul 15
Last Checked: Aug 3 at 3:06AM
MLS# PALA2089818
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.
Set on 1.5 acres in Bird in Hand, PA, this residential income property includes a main home with 6 bedrooms and 2 bathrooms and an attached in-law quarters with 2 additional bedrooms and 1 bathroom, for a total of 8 bedrooms and 3 bathrooms. The roof and siding were updated in 2024 on the entire house, including the in-law quarters.
The property is currently used with a working woodworking shop and is supported by multiple outbuildings, including a 30x30 two-story horse barn, a 30x15 garage, and a 20x40 two-story shop. These structures provide space for storage, workshops, equipment, and a variety of on-site uses.
With the living spaces and shop/utility buildings already in place, the layout supports flexible occupancy while offering room for new owners to complete their preferred finishing touches.
The property is currently used with a working woodworking shop and is supported by multiple outbuildings, including a 30x30 two-story horse barn, a 30x15 garage, and a 20x40 two-story shop. These structures provide space for storage, workshops, equipment, and a variety of on-site uses.
With the living spaces and shop/utility buildings already in place, the layout supports flexible occupancy while offering room for new owners to complete their preferred finishing touches.
Key Highlights
- 1.5‑acre property with a main home plus in‑law quarters and multiple outbuildings for added flexibility
- Main home offers 6 bedrooms and 2 bathrooms; in‑law quarters add 2 bedrooms and 1 bathroom (total 8 bedrooms, 3 bathrooms)
- Roof and siding updated in 2024 on the entire house, including the in‑law quarters
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 | $73.1k | $16.20 |
| − Vacancy | −$1.1k | −$0.24 |
| EGI | $72.0k | $15.96 |
| − OpEx | −$21.6k | −$4.79 |
| NOI | $50.4k | $11.17 |
4,510 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$719.7K
$629.7K – $839.6K
NOI $50,376 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$634.7K
$555.3K – $740.4K
NOI $44,426 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,793 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 17505, PA
2,018
Population
564
Households
3.6
Avg Household Size
28
Median Age
12%
College-Educated
64%
High-School Grad
7.4 sq mi
ZIP Area
273
Density / Sq Mi
$109,514
Median Household Income
$38,033
Median Earnings
$1,609
Median Rent
$373,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Main home and in-law quarters feature updated 2024 roof and siding, with multiple outbuildings on 1.5 acres.
Where is this duplex located?
The property is located at 57 ORCHARD Road Bird in Hand, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1.5‑acre property with a main home plus in‑law quarters and multiple outbuildings for added flexibility; Main home offers 6 bedrooms and 2 bathrooms; in‑law quarters add 2 bedrooms and 1 bathroom (total 8 bedrooms, 3 bathrooms); Roof and siding updated in 2024 on the entire house, including the in‑law quarters
