Bought with Calvin L. Yoder • Top Shelf Real Estate
$355,000
$364,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
503-505 MANOR ST Lancaster, PA 17603
2,056 SqFt
Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,056 sqft
Price per Sqft $172
MLS Listing ID PALA2085226
Sold Date 05/28/26
Style Traditional
Abv Grd Liv Area 2,056
Year Built 1930
Annual Tax Amount $3,781
Tax Year 2025
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Fully leased, turn key rental with a 7.5% cash on cash return! This 3 unit Lancaster City property features a 2-bedroom unit and two 1-bedroom units as well as 3 garage spaces. All units are currently rented with long term tenants at market rates and paint and flooring has been updated as units have turned over the last few years. The property is professionally managed by Trademark Real Estate Services and the 7.5% cash on cash return includes their management fee. Rarely does a truly turn-key, cash flow ready investment property hit the market - take a look at this one to add to your portfolio!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning 115 RES 3 FAMILY DWELLING
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Parking Features Other
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage Y
Building
Foundation Other
Above Ground Finished SqFt 2056
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 338-45073-0-0000
Ownership Fee Simple
SqFt Source 2056
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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