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Prime Investment Opportunity - Fully Rented Triplex Near Lancaster General Hospital & Franklin & Marshall College. Located just one block from Lancaster General Hospital and within walking distance to Franklin & Marshall College, this well-maintained 3-unit property offers a fantastic investment opportunity in a highly sought-after area. Currently fully rented, the property generates a steady gross rent of $51,300 annually, with tenants responsible for some of the utilities. Property Features: Unit 1 has1 Bedroom, 1 Full Bathroom, with in-unit laundry ($1,225 rent); Unit 2 has 2 Bedrooms, 1 Full Bathroom and shares laundry in basement. ($1,495 rent); Unit 3 has 1 Bedroom, 1 Full Bathroom and shares laundry in basement ($1,145 rent). The home is in great condition with hardwood floors throughout, providing a charming and low maintenance living environment. Enjoy the outdoor space with a welcoming front porch and a cozy backyard, perfect for relaxation. This property presents a unique opportunity to own a turnkey rental in a prime location, appealing to medical professionals, college students, and renters alike.
Property Type(s):
Multi Family
| Last Updated | 4/6/2025 | Year Built | 1883 |
|---|---|---|---|
| Community | Lancaster City (10533) | County | LANCASTER |
SCHOOLS
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|
Additional Details
| AIR | Ceiling Fan(s), Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Cooktop, Dishwasher, Dryer, Electric Oven, Electric Range, Gas Water Heater, Range, Refrigerator, Washer, Water Heater |
| AREA | Lancaster City (10533) |
| CONSTRUCTION | Brick |
| EXTERIOR | Balcony |
| HEAT | Oil, Radiant |
| INTERIOR | Ceiling Fan(s), Eat-in Kitchen |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Traditional |
| TAXES | 6240 |
| WATER | Public |
Location
Listing provided by Iron Valley Real Estate of Lancaster
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2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/8/25 3:29 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
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