Seller's Agent in 2026
mabel hinson
Coldwell Banker Realty
(717) 344-1873
11 in this area
96 Total Sales
Exceptional Investment Opportunity! Updated Two-Unit Property in Lancaster City's Coveted West End! Unlock immediate income potential with this **fully updated and meticulously maintained** multi-family property, perfectly situated in the highly sought-after West End neighborhood of Lancaster City. excellent walkability, and proximity to downtown amenities, this location ensures high tenant demand! This property has been completely refreshed, offering **turn-key readiness** for investors or owner-occupants looking for substantial rental income. Every unit has received significant updates, ensuring low initial maintenance. * **Unit 1 (First Floor):** A comfortable **1 Bedroom Apartment** featuring an eat-in kitchen, separate living area, and a fully updated bathroom. Rented at $1,350 Parking included. Unit 2 (Second Floor): A spacious **4 Bedroom Apartment** complete with a full updated bathroom, eat-in kitchen, and dedicated living area. rented at $2,400
Two Generous Bedrooms located on the top level, likely utilizing space on both floors for a unique layout. 2 off street parking, tenants pays additional for parking spaces in the back of the home, extra income generation! Complete Updates: All living spaces have been significantly upgraded, including, newly renovated bathrooms, updated kitchens, fresh flooring, new paint, and modern light fixtures.
Income Generating: This property is truly ready and delivering immediate cash flow.
Investment Appeal: The desirable West End location guarantees strong rental interest and high potential rental rates. Total Rental Income
Unit 1: $1,300 / month
Unit 2: $2,400 / month
Total monthly rent:
1350 + 2400 = 3750
Annual rent:
3750 × 12 = 45,000
Total yearly rental income = $45,000 Operating Expenses
Monthly expenses: $50 monthly trash/sewer 50 × 12 = 600
yearly: $1,400 (heat winter months 150$ 3 months 30$ to 40$ summer/spring/fall)
Total expenses: 600 + 1,400 = 2,000
Net Operating Income (NOI)
45,000 - 2,000 = 43,000
NOI = $43,000
(mortgage is not included) mortgage: $1,800 monthly Cap Rate Property Value
Cap Rate = 12%-12.5% This is a rare chance to acquire a fully renovated multi-family asset in one of Lancaster’s premier residential areas. Minimize your turnover risk and maximize your returns with move-in-ready units! Don't miss the chance to own a prime, income-producing asset in Lancaster's best neighborhood!
Last Agent to Sell the Property
(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty Brokerage Phone: 7177358400 Listed on: 03/12/2026
Last Buyer's Agent
(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty Brokerage Phone: 7177358400 Listed on: 03/12/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $372,000 | Premier Home Settlements | |
| Deed | $200,000 | -- | |
| Deed | $110,000 | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,262 | FHA | |
| Previous Owner | $196,377 | FHA | |
| Previous Owner | $94,000 | Future Advance Clause Open End Mortgage |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2026 04/22/26 | Sold | $372,000 | 0.0% | $182 / Sq Ft | |
| 03/26/2026 03/26/26 | Price Changed | $372,000 | +6.6% | $182 / Sq Ft | |
| 03/12/2026 03/12/26 | For Sale | $349,000 | +74.5% | $171 / Sq Ft | |
| 12/21/2022 12/21/22 | Sold | $200,000 | -9.1% | $98 / Sq Ft | View Prior Sale |
| 12/02/2022 12/02/22 | Price Changed | $220,000 | 0.0% | $108 / Sq Ft | |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- | |
| 09/26/2022 09/26/22 | For Sale | $220,000 | +100.0% | $108 / Sq Ft | |
| 03/09/2012 03/09/12 | Sold | $110,000 | -8.3% | $54 / Sq Ft | View Prior Sale |
| 02/09/2012 02/09/12 | Pending | -- | -- | -- | |
| 11/21/2011 11/21/11 | For Sale | $119,900 | -- | $59 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,195 | $129,900 | $23,300 | $106,600 |
| 2025 | $5,195 | $129,900 | $23,300 | $106,600 |
| 2024 | $5,140 | $129,900 | $23,300 | $106,600 |
| 2023 | $5,054 | $129,900 | $23,300 | $106,600 |
| 2022 | $4,843 | $129,900 | $23,300 | $106,600 |
| 2021 | $4,739 | $129,900 | $23,300 | $106,600 |
| 2020 | $4,739 | $129,900 | $23,300 | $106,600 |
| 2019 | $4,668 | $129,900 | $23,300 | $106,600 |
| 2018 | $2,770 | $129,900 | $23,300 | $106,600 |
| 2017 | $3,711 | $80,800 | $16,200 | $64,600 |
| 2016 | $3,677 | $80,800 | $16,200 | $64,600 |
| 2015 | $1,435 | $80,800 | $16,200 | $64,600 |
| 2014 | $3,209 | $80,800 | $16,200 | $64,600 |
Seller's Agent in 2026
mabel hinson
Coldwell Banker Realty
(717) 344-1873
11 in this area
96 Total Sales
E
Seller's Agent in 2022
Emelie Good
CENTURY 21 Home Advisors
(717) 405-9264
2 in this area
18 Total Sales
D
Seller's Agent in 2012
David Stull
Investors Choice Real Estate
(717) 299-2434
13 Total Sales
R
Buyer's Agent in 2012
Robert Hykes
R L Hykes Real Estate
(717) 330-3534
Source: Bright MLS
MLS Number: PALA2084112
APN: 338-66840-0-0000
Ask me questions while you tour the home.