513 Mount Sidney Rd, Lancaster, PA 17602
This exceptional mixed-use property in Lancaster, Pennsylvania, presents a lucrative investment opportunity. The property consists of a two-story building housing two separate two-bedroom apartments, each featuring a kitchen/dining area, living room, and full bathroom. A newer, fully furnished one-bedroom cottage, built in 2021, complements the existing units. This cottage boasts a modern kitchen/dining area, living room, two bedrooms, a full bathroom, and laundry facilities. Situated on a 0.3-acre lot, the property also includes a spacious 30' x 32' three-bay garage, newly constructed in 2023, currently generating rental income. The rear of the property borders farmland, offering a peaceful setting. This established, cash-flowing property is located in the convenient Witmer area of Lancaster, offering easy access to local amenities. The property is being sold via public auction on November 22, 2024, at 4:00 PM. The listed price of $375,000 represents a suggested opening bid
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.