61-63 Spencer, Lancaster, PA 17603

Lancaster
Local realty services provided by:ERA Reed Realty, Inc.
61-63 Spencer,Lancaster, PA 17603
$535,000
  • 8 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joshua miller, thomas p troccoli
Office: bennett williams realty, inc.
MLS#:PALA2091902
Source:BRIGHTMLS

Price summary

  • Price:$535,000

About this home

Fully leased 4-unit brick multifamily property located in Lancaster Township, in the established Hamilton Park / West End neighborhood just south of Franklin & Marshall College and minutes from Downtown Lancaster. The unit mix consists of two 1-bedroom/1-bath units and two 3-bedroom/1-bath units. The property sits on a quiet, tree-lined residential street with strong long-term rental demand driven by proximity to F&M College, downtown Lancaster's restaurants, retail and employers, and easy access to Routes 30 and 501. Solid brick construction and a stable, established residential setting make this a low-maintenance hold with consistent tenant demand. A turnkey opportunity for an investor seeking a stabilized multifamily asset in one of Lancaster City's most desirable residential areas.

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Home facts

  • Year built:1920
  • Listing ID #:PALA2091902
  • Added:1 day(s) ago
  • Updated:July 21, 2026 at 07:51 PM

Rooms and interior

  • Bedrooms:8
  • Basement:Yes
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Radiator

Structure and exterior

  • Roof:Composite, Shingle
  • Year built:1920
  • Lot area:0.21 Acres
  • Architectural Style:Converted Dwelling
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$535,000
  • Tax amount:$7,139 (2025)

Features and amenities

  • Amenities:200+ Amp Service, Cable TV Available, Smoke Detector

Parking

  • Parking description:Off Street, On Street

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