David E. Pelletier
SQUARE FEET2,109
MLS#PALA2091126
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCABBAGE HILL
SCHOOLSCHOOL DISTRICT OF LANCASTER
Property Description
Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Traditional
Lot Size: 0.04 Acres
Roof Type: Composite, Shingle
Taxes: $3,462
Year Built: 1880
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Refrigerator, Oven/Range - Electric
Electric: Circuit Breakers, 200+ Amp Service
Exterior: Stone, Stucco
Flooring: Carpet, Ceramic Tile, Engineered Wood, Vinyl, Wood, Luxury Vinyl Plank
Location: Urban
Lot: Corner
Lot Dimensions: 0.04 Acre(S)
Municipality: LANCASTER CITY
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Three Bedroom Units: 1
Units: 3
Utilities: Cable TV Available, Electric Available, Natural Gas Available
Water: Public
Local Schools
High School: MCCASKEY H.S.
School District: SCHOOL DISTRICT OF LANCASTER
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 7177358400
Shown By
Agent Name: David Pelletier
Agent Phone: Contact: (717) 361-HOME
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,232.46 per month $834.59 Principal & Interest $288.50 Property Tax $109.38 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
702 Poplar Street | MLS# PALA2091126
This multi-family property located at 702 Poplar Street, Lancaster, PA 17603 is currently listed for sale with an asking price of $375,000. Poplar Street is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on www.davidshometohome.com today.