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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.
| DAYS ON MARKET | 94 | LAST UPDATED | 7/8/2025 |
|---|---|---|---|
| YEAR BUILT | 1883 | COMMUNITY | Lancaster City (10533) |
| COUNTY | LANCASTER | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| 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 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Iron Valley Real Estate of Lancaster, sold by Keller Williams Elite
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