61 Spencer, Lancaster, PA 17603

$535,000

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List Price
$535,000
Days on Market
12
MLS#
PALA2091902
Status
ACTIVE
Type
Multifamily
Style
Converted Dwelling
Year Built
1920
County
Lancaster
Region
Lancaster Twp (10534)
Neighborhood
Hamilton Park
Subdivision
Hamilton Park

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

Acres
0.21
Lot Size
9,147
Roof
Composite, Shingle
Appliances
Washer/Dryer Hookups Only
Cooling
Central A/C
Heating
Radiator
Basement
Yes
Taxes
$7,139

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Bennett Williams Realty, Inc.. Contact: 7178435555