Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS0
BATHS
SQUARE FEET1,200
MLS#PALA2086140
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSCHOOL DISTRICT OF LANCASTER
Property Description
Exceptional Investment Opportunity | Income-Producing Duplex! Well-located two-unit property in a highly walkable area with convenient access to local shops, restaurants, and everyday amenities. This income-producing, tenant-occupied duplex offers immediate cash flow with additional value-add potential. Unit 455 is currently rented at $965/month. Unit 457 is a 3-bedroom, 1-bath unit rented at $1,150/month and includes washer/dryer hookups. The property features one long-term tenant, providing stability and consistent rental income. Recent updates include a new furnace, a new stove in 455 and updated fencing, reducing near-term capital expenses. Owner currently pays water, sewer, and trash. Property is being sold as-is. With cosmetic improvements, there is an opportunity to increase rents to market rates and further enhance returns. Current cap rate is 7%.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Natural Gas
Home Style: Colonial
Lot Size: 0.02 Acres
Roof Type: Composite
Taxes: $1,160
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Gas, Refrigerator
Days on Site: 5
Exterior: Stick Built
Flooring: Carpet, Vinyl
Interior: Carpet
Lot Dimensions: 0.02 Acre(S)
Municipality: LANCASTER CITY
Sewer: Public Sewer
Structure Type: Other
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 1
Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available
Water: Public
Local Schools
High School: MCCASKEY H.S.
School District: SCHOOL DISTRICT OF LANCASTER
Listed By / Shown By
Listed By
Agency Name: Fetch Home Management LLC
Agency Phone: 7177406299
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 1,281.68 per month $1,117.08 Principal & Interest $96.67 Property Tax $67.93 Homeowner's Insurance
457 - 455 Manor Street | MLS# PALA2086140
This multi-family property located at 457 - 455 Manor Street, Lancaster, PA 17603 is currently listed for sale with an asking price of $232,900. - 455 Manor Street is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on www.duffyrealestate.com today.