Lancaster, PA 17603,514 W ORANGE ST
Lancaster, PA 17603,514 W ORANGE ST
Lancaster, PA 17603,514 W ORANGE ST
Lancaster, PA 17603,514 W ORANGE ST
Lancaster, PA 17603,514 W ORANGE ST
Lancaster, PA 17603,514 W ORANGE ST
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Listed by Jeremy Ganse • RE/MAX SmartHub Realty
$ 457,000
Est. payment | /mo

3,485 SqFt


Save
$ 457,000
Est. payment | /mo
Save

3,485 SqFt

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

Bright MLS (BMLS)
Benjamin Ellis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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514 W ORANGE ST