2,048 SqFt
2,048 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $129
Subdivision None Available
MLS Listing ID PALA2091636
Style Colonial
Abv Grd Liv Area 2,048
Year Built 1900
Annual Tax Amount $4,996
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Gross Monthly Rent: $850 (1BR) + $1,150 (3BR) = $2,000
Gross Annual Rent: $24,000
Owner Pays: Water, sewer, trash (W/S/T) — a common setup that keeps tenants happy but adds to owner expenses (estimate $200–400/month depending on usage).
Gross Rent Multiplier (GRM): 11.04 ($265k / $24k) — reasonable for a stabilized older duplex in the area.
Taxes: $4,996/year (2022 assessment; recent figures may be similar or slightly higher).
Cap Rate Estimate (rough, before other expenses): Around 6–8% gross, depending on maintenance, insurance, vacancy, and management. Long-term tenants are a big plus for stability.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Rooms
Basement Rear Entrance
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric, Natural Gas
Heating Hot Water, Radiator
Cooling None
Flooring Carpet, Vinyl, Tile/Brick
Inclusions 2 Refrigerators, 2 Stoves
Equipment Oven/Range - Electric, Oven/Range - Gas
Fireplace N
Appliance Oven/Range - Electric, Oven/Range - Gas
Heat Source Electric, Natural Gas
Exterior
Utilities Available Cable TV Available, Natural Gas Available, Electric Available, Phone Available, Sewer Available, Water Available
Water Access N
View Park/Greenbelt, City
Roof Type Rubber
Street Surface Black Top
Accessibility None
Road Frontage City/County
Garage N
Building
Lot Description Front Yard, Level, Rear Yard
Foundation Stone
Above Ground Finished SqFt 2048
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 332-05532-0-0000
Ownership Fee Simple
SqFt Source 2048
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12320 Academy Rd, Philadelphia, Pennsylvania 19154, USA