137 E Clay St, Lancaster, PA 17602

$350,000
2,700
SqFt

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List Price
$350,000
Days on Market
0
Status
COMING SOON
MLS#
PALA2094334
Living Area
2,700
Lot Size (Acres)
0.06
Style
Traditional
Year Built
1905
County
Lancaster
School District
School District Of Lancaster

Property Description

This traditional twin/semi-detached brick structure offers a spacious 2,700 sq. ft. of finished living space, making it an ideal candidate for rental income or long-term appreciation. The full basement is used by the tenants in Apartment 1. It houses the washer and dryer. The 2 car detached garage accommodates two vehicles, offering convenience for tenants and additional rental opportunities. The on-street parking further increases accessibility for residents. Situated on a compact 0.06-acre lot, this property is easy to maintain while maximizing rental yield. The absence of a pool and extensive landscaping means lower upkeep costs, allowing for a more favorable return on investment. The property's traditional architecture and solid brick construction ensure durability and timeless appeal, attracting a wide range of potential tenants. With the local rental market showing consistent demand, this property stands out as a lucrative investment option. Whether you're a seasoned investor or looking to make your first move, this property offers the perfect blend of stability and potential for growth. Don't miss out on this opportunity to secure your financial future! There is a 1 bedroom unit and a 2 bedroom unit (as well as a small office/nursery). This property is in great shape. Both leases are month to month. A minimum of 24 hour notice is required for all showings. Leases and 12 month cash flow are available. Tenant occupied.

Additional Information

Area
Lancaster City (10533)
Subdivision
Ross
Taxes
$7002
School District
School District Of Lancaster
High School
Mccaskey Campus
Garage
Yes
Garage Spaces
2
Heating
Radiator
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of Hometown Property Sales. Contact: 7172011363