Turnkey Investment Opportunity in the Heart of Lancaster! This cash-flowing 3-unit property is a rare find, offering excellent income potential with two beautifully renovated apartments and a 2-car garage for additional rental revenue. Perfectly positioned in a sought-after location, this property is ideal for investors seeking steady returns or live in one unit and rent out the others. Unit 1 (First Floor): 1-bedroom apartment with 2 additional large nonconforming bedrooms in the basement, currently rented at $1,500/month. Unit 2 (Second Floor): Spacious and stylishly renovated 3-bedroom unit, also rented at $1,500/month. 2-Car Garage projected rental income of $500/month, adding to your cash flow. Each unit is individually metered, keeping operating expenses low. Owner covers water, sewer, and trash services. Off-street parking is a bonus feature that tenants will appreciate. Situated less than a mile from Franklin & Marshall College, this property is also walking distance to downtown Lancaster, offering access to vibrant dining, shopping, and entertainment options. Its central location makes it highly appealing to tenants seeking both convenience and accessibility. Don’t miss out on this fully updated investment opportunity in a desirable area. Whether you’re an experienced investor or just starting to build your portfolio, this property is a solid choice with outstanding income potential. Schedule your private tour today!
The income description goes here to explain
List Price | $300,000 |
Property Type | Single Family Homes |
Usable Sqft | 2,278 |
Number of Stories | 0 stories |
Parking Spots | 2 spots |
Year Built | 1900 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 3389843500000 |
MLS # | PALA2062716 |
Property ID | 321155280 |
Lot Sqft | 1,742 |
Zoning | RESIDENTIAL |
Days on Market | 7 |
Original List Price | Unknown |
Date Updated | January 20, 2025 |
Date Created | January 14, 2025 |
Vuthy Taing an agent of . Lic #RS354896
© 2025 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT