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    OFF-MARKET
    Commercial real estate

    513 Mount Sidney Rd, Lancaster, PA 17602

    0.3 ac lot
    Property ID
    US73-2300036
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.3 ac (13,068 SF)
    UPID US73-2300036
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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