503-505 Manor St, Lancaster, PA 17603

Lancaster
Local realty services provided by:ERA Reed Realty, Inc.
503-505 Manor St,Lancaster, PA 17603
$364,900
  • 4 Beds
  • - Baths
  • 2,056 sq. ft.
  • Multi-family
  • Active
Listed by: mitchell hershey
Office: keller williams elite
MLS#:PALA2085226
Source:BRIGHTMLS

Price summary

  • Price:$364,900
  • Price per sq. ft.:$177.48

About this home

Fully leased, turn key rental with a 7.5% cash on cash return! This 3 unit Lancaster City property features a 2-bedroom unit and two 1-bedroom units as well as 3 garage spaces. All units are currently rented with long term tenants at market rates and paint and flooring has been updated as units have turned over the last few years. The property is professionally managed by Trademark Real Estate Services and the 7.5% cash on cash return includes their management fee. Rarely does a truly turn-key, cash flow ready investment property hit the market - take a look at this one to add to your portfolio!

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Home facts

  • Year built:1930
  • Listing ID #:PALA2085226
  • Added:1 day(s) ago
  • Updated:March 28, 2026 at 01:37 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,056 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1930
  • Building area:2,056 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick, Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$364,900
  • Price per sq. ft.:$177.48
  • Tax amount:$3,781 (2025)

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:3

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