514 W ORANGE ST new to site Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17603
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,485 sqft
Price per Sqft $131
MLS Listing ID PALA2075690
Style Traditional
Year Built 1890
Available Date 2025-09-09
Annual Tax Amount $7,721
Tax Year 2025
Lot Size 3,485 Sqft
Acres 0.08
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Unlock the potential of cash flow with this Exceptional Triplex located in the heart of Lancaster, PA! This multi-family residential property offers a unique opportunity for investors looking to expand their portfolio or enter the rental market. Property Highlights: Three Separate Units : Each unit is designed for optimal living space, providing tenants with comfort and privacy. Strong Rental History : This property has a proven track record of consistent rental income, making it a reliable investment choice. Prime Location : Situated in a vibrant West End neighborhood, residents will enjoy easy access to local amenities, public transportation, and the rich culture of Lancaster City. Cash Flow Potential : With the ability to generate significant monthly income, this triplex is perfect for investors seeking to maximize their return on investment. Off Street Parking : Currently 3 of 4 parking spots are leased for $30/month/spot generating additional recurring revenue. Opportunity for Value-Add : With some updates and renovations, you can increase rental rates and enhance property value.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESD - 3 FAMILY DWELLING
Rooms
Basement Full
Interior
Interior Features Formal/Separate Dining Room
Hot Water Natural Gas
Heating Radiator,Baseboard - Electric
Cooling None
Flooring Hardwood,Other
Equipment Oven/Range - Electric
Fireplace N
Window Features Energy Efficient
Appliance Oven/Range - Electric
Heat Source Natural Gas,Electric
Exterior
Exterior Feature Patio(s)
Garage Spaces 4.0
Water Access N
Roof Type Flat
Accessibility None
Porch Patio(s)
Total Parking Spaces 4
Garage N
Building
Foundation Permanent,Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
Structure Type Plaster Walls
New Construction N
Schools
Elementary Schools Robert Fulton
Middle Schools John F Reynolds
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Tax ID 335-14653-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard