Description
This is your opportunity to own a fabulous investment property in Lancaster city. Close to all the city has to offer. This 11 unit building has been updated with a brand-new rubber roof in 2019, and new gutters in 2021. A new deck was recently installed for the second-floor apartment in the rear. All apartments have been updated, mailboxes installed inside front door, replaced the front step, added upgraded landscaped area in rear yard, as well as many new windows. The front facade has been painted and looks fabulous. This building is broken down into 2 sections. One side of the building offers 7 individual very large rooms that are divided between the 2nd and 3rd floor of the building. These rooms share a common bathroom on each floor. These rooms provide great income and come with a waiting list of potential renters that are looking for a room to rent. The other section of this building includes 4 separate apartments that include a 1 bedroom apartment and 3 very spacious efficiency style apartments. The building stays fully rented, It also has a parking lot which provides additional income. All tenants are in a month to month lease. Leases could also be increased but the possibilities with this large building are endless.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This is your opportunity to own a fabulous investment property in Lancaster city. Close to all the city has to offer. This 11 unit building has been updated with a brand-new rubber roof in 2019, and new gutters in 2021. A new deck was recently installed for the second-floor apartment in the rear. All apartments have been updated, mailboxes installed inside front door, replaced the front step, added upgraded landscaped area in rear yard, as well as many new windows. The front facade has been painted and looks fabulous. This building is broken down into 2 sections. One side of the building offers 7 individual very large rooms that are divided between the 2nd and 3rd floor of the building. These rooms share a common bathroom on each floor. These rooms provide great income and come with a waiting list of potential renters that are looking for a room to rent. The other section of this building includes 4 separate apartments that include a 1 bedroom apartment and 3 very spacious efficiency style apartments. The building stays fully rented, It also has a parking lot which provides additional income. All tenants are in a month to month lease. Leases could also be increased but the possibilities with this large building are endless.
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