Two-Unit Townhouse
745 Manor Street Lancaster, PA 17603
For Sale
$259,700
Pending
End-of-row townhouse configured as a two-unit property with off-street parking and both units ready to move in.
Property Size1,684 SF
Days on Market132
Property Features for 745 Manor Street
General Information
- Standard status
- Pending
- Size
- 1,684 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1908
Listing Agency:
Keller Williams Elite
(717) 617-7799
Listed By:
CESAR CASTELLS DEL RIO · License #RS346714
(717) 617-7799
Source:
Compass
Added: Mar 17
Changed: Jul 23
Last Checked: Jul 23 at 10:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Elite
Investment Insights
Based on property information with market context.
This end-of-row townhouse is configured as a 2-unit property, with both units ready to move in. The home provides a total of 1,684 sq. ft. of living space, and its end-unit position adds side access and increased privacy compared with interior units. Off-street parking for 2–3 vehicles is included, adding day-to-day convenience for occupants.
The property is located in Lancaster City near Downtown Lancaster, with access to restaurants, shopping, parks, and schools. Public transportation access includes a bus stop less than 1 mile away, and a commuter rail station located 1 to 5 miles from the address.
Both units offer functional layouts within the townhouse configuration, providing a straightforward setup for rental income or owner-occupancy with a tenant in the second unit.
The property is located in Lancaster City near Downtown Lancaster, with access to restaurants, shopping, parks, and schools. Public transportation access includes a bus stop less than 1 mile away, and a commuter rail station located 1 to 5 miles from the address.
Both units offer functional layouts within the townhouse configuration, providing a straightforward setup for rental income or owner-occupancy with a tenant in the second unit.
Key Highlights
- End‑of‑row townhouse configured as a 2‑unit property with both units ready to move in
- 1,684 sq ft of living space in Lancaster City (MLS Area: 10533)
- 2–3 off‑street parking spaces, a convenient feature in Lancaster City
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 | $27.3k | $16.20 |
| − Vacancy | −$409 | −$0.24 |
| EGI | $26.9k | $15.96 |
| − OpEx | −$8.1k | −$4.79 |
| NOI | $18.8k | $11.17 |
1,684 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.7K
$235.1K – $313.5K
NOI $18,810 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$237.0K
$207.4K – $276.5K
NOI $16,588 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$564.3K
$493.8K – $658.4K
NOI $39,502 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - End-of-row townhouse configured as a two-unit property with off-street parking and both units ready to move in.
Where is this duplex located?
The property is located at 745 Manor Street Lancaster, PA.
What is the asking price?
The asking price for this property is $259,700.
What are key features of this property?
This property features: End‑of‑row townhouse configured as a 2‑unit property with both units ready to move in; 1,684 sq ft of living space in Lancaster City (MLS Area: 10533); 2–3 off‑street parking spaces, a convenient feature in Lancaster City
