61 Spencer, Lancaster, PA 17603

$535,000

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List Price
$535,000
Days on Market
7
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

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