514 W Orange St Lancaster, PA 17603
Chestnut Hill NeighborhoodEstimated payment $3,047/month
Highlights
- 0.08 Acre Lot
- Wood Flooring
- Patio
- Traditional Architecture
- Formal Dining Room
- 3-minute walk to Crystal Park
About This Home
Unlock the potential of cash flow with this Exceptional Triplex located in the heart of Lancaster, PA! This multi-family residential property offers a unique opportunity for investors looking to expand their portfolio or enter the rental market. Property Highlights: Three Separate Units : Each unit is designed for optimal living space, providing tenants with comfort and privacy. Strong Rental History : This property has a proven track record of consistent rental income, making it a reliable investment choice. Prime Location : Situated in a vibrant West End neighborhood, residents will enjoy easy access to local amenities, public transportation, and the rich culture of Lancaster City. Cash Flow Potential : With the ability to generate significant monthly income, this triplex is perfect for investors seeking to maximize their return on investment. Off Street Parking : Currently 3 of 4 parking spots are leased for $30/month/spot generating additional recurring revenue. Opportunity for Value-Add : With some updates and renovations, you can increase rental rates and enhance property value.
Listing Agent
(717) 577-3251 jeremy@jeremyganse.com RE/MAX SmartHub Realty License #RS306553 Listed on: 09/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,721
Year Built
- Built in 1890 | Remodeled in 2001
Lot Details
- 3,485 Sq Ft Lot
- Property is in good condition
Home Design
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Permanent Foundation
- Stone Foundation
- Plaster Walls
- Masonry
Interior Spaces
- Insulated Doors
- Formal Dining Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Electric Oven or Range
Parking
- 4 Parking Spaces
- 4 Off-Street Spaces
- Gravel Driveway
- On-Street Parking
Schools
- Robert Fulton Elementary School
- John F Reynolds Middle School
- Mccaskey High School
Utilities
- Radiator
- Electric Baseboard Heater
- 200+ Amp Service
- Natural Gas Water Heater
Additional Features
- Energy-Efficient Windows
- Patio
Community Details
- 3 Units
- 3-Story Building
Listing and Financial Details
- Assessor Parcel Number 335-14653-0-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $7,447 | $188,200 | $36,200 | $152,000 |
| 2024 | $7,447 | $188,200 | $36,200 | $152,000 |
| 2023 | $7,322 | $188,200 | $36,200 | $152,000 |
| 2022 | $7,017 | $188,200 | $36,200 | $152,000 |
| 2021 | $6,866 | $188,200 | $36,200 | $152,000 |
| 2020 | $6,866 | $188,200 | $36,200 | $152,000 |
| 2019 | $6,764 | $188,200 | $36,200 | $152,000 |
| 2018 | $4,014 | $188,200 | $36,200 | $152,000 |
| 2017 | $4,547 | $99,000 | $22,700 | $76,300 |
| 2016 | $4,506 | $99,000 | $22,700 | $76,300 |
| 2015 | $1,758 | $99,000 | $22,700 | $76,300 |
| 2014 | $3,932 | $99,000 | $22,700 | $76,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $457,000 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Deed | $23,600 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $70,000 | Purchase Money Mortgage | |
| Closed | $35,000 | No Value Available |
Source: Bright MLS
MLS Number: PALA2075690
APN: 335-14653-0-0000
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