61 Spencer, Lancaster, PA 17603

$535,000

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List Price
$535,000
Days on Market
16
Status
ACTIVE
MLS#
PALA2091902
Lot Size (Acres)
0.21
Style
Converted Dwelling
Year Built
1920
County
Lancaster
School District
School District Of Lancaster

Property Description

An open house has been scheduled for Thursday, August 6th from 12pm to 1pm. Please RSVP to the listing agent if you plan to attend. Fully leased 4-unit brick multifamily property located in Lancaster Township, in the established Hamilton Park / West End neighborhood just south of Franklin & Marshall College and minutes from Downtown Lancaster. The unit mix consists of two 1-bedroom/1-bath units and two 3-bedroom/1-bath units. The property sits on a quiet, tree-lined residential street with strong long-term rental demand driven by proximity to F&M College, downtown Lancaster's restaurants, retail and employers, and easy access to Routes 30 and 501. Solid brick construction and a stable, established residential setting make this a low-maintenance hold with consistent tenant demand. A turnkey opportunity for an investor seeking a stabilized multifamily asset in one of Lancaster City's most desirable residential areas.

Additional Information

Area
Lancaster Twp (10534)
Subdivision
Hamilton Park
Taxes
$7139
School District
School District Of Lancaster
Heating
Radiator
Heating Fuel
Electric
Cooling
Central A/C
Roof
Composite, Shingle
Utilities
Cable TV Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bennett Williams Realty, Inc.. Contact: 7178435555