Residential Income Property with In-Law
57 ORCHARD Road Bird in Hand, PA 17505
57 ORCHARD Road, Bird in Hand, PA, 17505
$699,900
For Sale
$699,900
MULTI_FAMILY - Other - BIRD IN HAND, PA
Property Size4,510 SF
Lot Size1.50 Acres
Price / SF$155.19
Days on Market37
Property Features for 57 ORCHARD Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- 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 Updated: Jul 15 at 1:19PM Checked: Jul 23 at 11:06AM
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
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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
