514 W Orange St, Lancaster, PA 17603
Local realty services provided by:ERA Reed Realty, Inc.
514 W Orange St,Lancaster, PA 17603
$457,000
- 4 Beds
- - Baths
- 2,604 sq. ft.
- Multi-family
- Active
Listed by:jeremy ganse
Office:re/max smarthub realty
MLS#:PALA2075690
Source:BRIGHTMLS
Price summary
- Price:$457,000
- Price per sq. ft.:$175.5
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.
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Home facts
- Year built:1890
- Listing ID #:PALA2075690
- Added:62 day(s) ago
- Updated:November 05, 2025 at 02:38 PM
Rooms and interior
- Bedrooms:4
- Living area:2,604 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric, Natural Gas, Radiator
Structure and exterior
- Roof:Flat
- Year built:1890
- Building area:2,604 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:MCCASKEY H.S.
- Middle school:JOHN F REYNOLDS
- Elementary school:ROBERT FULTON
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$457,000
- Price per sq. ft.:$175.5
- Tax amount:$7,721 (2025)
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