457 - 455 Manor Street, Lancaster, PA 17603

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Sold Price
$215,000
List Price
$232,900
Closing Date
May 04, 2026
Days on Market
1
Status
CLOSED
MLS#
PALA2086140
Living Area
1,200
Lot Size (Acres)
0.02
Style
Colonial
Year Built
1900
County
Lancaster
School District
School District Of Lancaster

Property Description

Exceptional Investment Opportunity | Income-Producing Duplex! Well-located two-unit property in a highly walkable area with convenient access to local shops, restaurants, and everyday amenities. This income-producing, tenant-occupied duplex offers immediate cash flow with additional value-add potential. Unit 455 is currently rented at $965/month. Unit 457 is a 3-bedroom, 1-bath unit rented at $1,150/month and includes washer/dryer hookups. The property features one long-term tenant, providing stability and consistent rental income. Recent updates include a new furnace, a new stove in 455 and updated fencing, reducing near-term capital expenses. Owner currently pays water, sewer, and trash. Property is being sold as-is. With cosmetic improvements, there is an opportunity to increase rents to market rates and further enhance returns. Current cap rate is 7%.

Additional Information

Area
Lancaster City (10533)
Taxes
$1160
Interior Features
Carpet
School District
School District Of Lancaster
High School
Mccaskey H.S.
Flooring
Carpet, Vinyl
Heating
Other
Heating Fuel
Natural Gas
Cooling
None
Roof
Composite
Utilities
Natural Gas Available, Sewer Available, Water Available, Electric Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Fetch Home Management LLC. Contact:

Listing courtesy of Fetch Home Management LLC. Contact: