Seize this rare investment opportunity with a property featuring nine fully-rented storage units/garages. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers: All nine units are currently occupied with reliable tenants at below market rents. Low Maintenance: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability. Prime Location: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking. Flexible Investment: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value. With stable occupancy and a high-demand asset type, this investment property provides immediate returns and future growth potential. Don't miss your chance to add a solid performer to your portfolio!
Property Type(s):
Commercial
Last Updated | 1/2/2025 | Year Built | 1920 |
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Community | Lancaster City (10533) | County | LANCASTER |
Price History
Prior to Nov 11, '24 | $165,000 |
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Nov 11, '24 - Jan 2, '25 | $159,900 |
Jan 2, '25 - Today | $154,900 |
Additional Details
AREA | Lancaster City (10533) |
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LOT | 4356 sq ft |
LOT DIMENSIONS | 0.00 x 0.00 |
TAXES | 2251 |
Location
Listing provided by Keller Williams Elite
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Data last updated: 1/10/25 3:51 AM PST
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