11 Properties Lancaster, PA 17602

Property Details for 11 Properties

Year built

1890

Lot size

0.22 lot acres

Property size

8,068 SF

Property type

Multifamily properties

Description

This exceptional investment opportunity presents a portfolio of three meticulously renovated multi-family properties ideally situated near Lancaster General Hospital (LGH). The portfolio comprises three distinct buildings located at 11 E Walnut St, 709 N Duke St, and 114 E James St, each offering a blend of classic charm and modern convenience. The combined square footage totals 8,068 across the three properties, situated on a 0.22-acre lot. Recent renovations have resulted in high-quality assets poised for strong cash flow. Each unit boasts spacious, well-designed living areas, highlighted by high ceilings and new hardwood or LVP flooring. Two of the buildings include convenient in-unit laundry areas. Stylish, fully upgraded kitchens (except for one unit at 114 E James St) feature sleek granite countertops and brand-new appliances. Bathrooms are similarly upgraded with extensive tile work. Modern amenities include central air conditioning and new HVAC systems, designed for energy efficiency and lower utility costs for tenants. The prime location offers residents easy access to a variety of restaurants, shops, and cultural attractions, while also being a short drive from scenic countryside and conveniently close to the Amtrak station, providing easy access to Philadelphia, New York City, and beyond. This portfolio represents a rare opportunity to acquire a turnkey, high-performing multi-family investment in a desirable Lancaster location. The asking price for this exceptional portfolio is $2,037,000.

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Longitude

-76.2615

Latitude

40.0299