146 E Clay St, Lancaster, PA 17602

Lancaster
Local realty services provided by:Mountain Realty ERA Powered
146 E Clay St,Lancaster, PA 17602
$599,900
  • 3 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: parker wolfe
Office: prime home real estate, llc.
MLS#:PALA2092072
Source:BRIGHTMLS

Price summary

  • Price:$599,900

About this home

Welcome to your next multi-family investment or house hack! This 4 unit building boasts 2,890 square feet and is in a prime location on the north side of Lancaster City. Units 1&2 are currently mid-term rentals, usually to traveling nurses or medical personnel looking for 1-6 month stays. The combination of updated condition and location close to LGH and only a short drive to Penn State Health makes these units desirable midterm rentals. Units 3&4 are long term rentals. 3 out of 4 units have been fully updated including vinyl plank flooring, kitchens and bathrooms. This is your opportunity to purchase a performing asset, current 11.3% cap rate! Monthly rental income averaged $5,667 in 2025 and $5,613 in 2026. The heating for each unit is separate and the electric is metered individually with a landlord meter for common areas. Here is the unit breakdown. Unit #1 is a one bed, one bath MTR at $1650 monthly rent. Unit #2 is a studio at $1655 monthly rent. Unit #3 is a 2 bed 1 bath LTR...

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Home facts

  • Year built:1904
  • Listing ID #:PALA2092072
  • Updated:July 20, 2026 at 01:40 PM

Rooms and interior

  • Bedrooms:3
  • Rooms Total:8
  • Kitchen Description:Carpet

Heating and cooling

  • Cooling:Ductless/Mini-Split, Window Unit(s)
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1904
  • Lot Features:Corner
  • Architectural Style:Traditional
  • Construction Materials:Brick, Masonry
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Tax amount:$6,871 (2025)

Features and amenities

  • Amenities:Carpet, Curved Staircase

Parking

  • Parking description:Covered Parking, Detached Garage, Paved Parking, Public
  • Garage:Yes
  • Garage spaces:1

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