772 Marietta Ave, Lancaster, PA 17603
Local realty services provided by:ERA Liberty Realty
772 Marietta Ave,Lancaster, PA 17603
$469,999
- 3 Beds
- - Baths
- 1,844 sq. ft.
- Multi-family
- Active
Listed by:corinn e. kirchner
Office:ppm real estate, inc.
MLS#:PALA2065742
Source:BRIGHTMLS
Price summary
- Price:$469,999
- Price per sq. ft.:$254.88
About this home
Stunningly gorgeous 2 unit property located next to the cafe and ice cream shop called College Treats in desirable Chestnut Hill neighborhood! This property was renovated top to bottom in 2020 and as a result is in a LERTA tax savings program through 2029! The first floor apartment is leased to a tenant for $1,350/month (gas heat and central air; gas and electric paid by Tenant). Apt #2 is the 2nd and 3rd floors of the property and is a 2 bed, 2 bath apartment on a new one year lease for $1,675/month (mini split systems for heat + cooling; Tenant pays electric). Both apartments offer high end finishes including granite counters, wood floors, exposed brick walls, drywall ceilings with recessed lighting, central air, dishwasher, built-in microwave, all vinyl windows & more! There is shared laundry and a shared yard. Easy, non-metered street parking readily available on Marietta, College Ave & Chestnut Streets. All mechanicals, roof, appliances and finishes are only 5 years old. Landlord pays water/sewer, trash, house electric. LERTA Tax savings: 2025: 50% discount on tax bill. Each year the discount decreases by 10% through 2029. CURRENT CAP RATE 6.3%. Gross Income $36,300 at the rents stated herein. Est. NOI $29,532. Income/Expense Proforma with LERTA tax savings details available. Note: The new one year lease on apartment 2 is the tenant who was in apartment one. Tenant took the larger apartment when it became available – this is a testament to the excellent location, conditions, marketability and livability of this property!
Contact an agent
Home facts
- Year built:1875
- Listing ID #:PALA2065742
- Added:175 day(s) ago
- Updated:September 28, 2025 at 01:29 PM
Rooms and interior
- Bedrooms:3
- Living area:1,844 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Electric, Natural Gas
Structure and exterior
- Year built:1875
- Building area:1,844 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$469,999
- Price per sq. ft.:$254.88
- Tax amount:$6,137 (2024)
New listings near 772 Marietta Ave
- New$139,900Active3 beds 2 baths1,404 sq. ft.
102 Clearfield Ct E, LANCASTER, PA 17603
MLS# PALA2077212Listed by: ELITE PROPERTY SALES, LLC - New$334,300Active3 beds 2 baths1,618 sq. ft.
540 N Plum St, LANCASTER, PA 17602
MLS# PALA2077208Listed by: CENTURY 21 HOME ADVISORS - New$325,000Active3 beds 1 baths1,504 sq. ft.
512 W Walnut St, LANCASTER, PA 17603
MLS# PALA2076560Listed by: MANOR WEST REALTY - New$775,000Active2 beds 3 baths2,155 sq. ft.
25-202 E Grant St E #202, LANCASTER, PA 17602
MLS# PALA2076958Listed by: MEEDCOR REALTY - New$364,900Active3 beds 2 baths1,342 sq. ft.
919 Edgewood Ave, LANCASTER, PA 17603
MLS# PALA2077186Listed by: KELLER WILLIAMS ELITE - Coming Soon$299,900Coming Soon3 beds 2 baths
2249 Manor Ridge Dr, LANCASTER, PA 17603
MLS# PALA2076864Listed by: BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY - New$247,000Active3 beds 1 baths1,678 sq. ft.
Address Withheld By Seller, LANCASTER, PA 17603
MLS# PALA2077174Listed by: BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY - New$294,900Active4 beds 2 baths1,800 sq. ft.
138 N Plum St, LANCASTER, PA 17602
MLS# PALA2077062Listed by: REALTY ONE GROUP UNLIMITED - Open Sun, 1 to 3pmNew$759,000Active8 beds 4 baths4,783 sq. ft.
1001 Marietta Ave, LANCASTER, PA 17603
MLS# PALA2076316Listed by: MEEDCOR REALTY - New$105,000Active4 beds 2 baths1,568 sq. ft.
103 Jemfield Ct, LANCASTER, PA 17603
MLS# PALA2076966Listed by: ADVANCED REALTY SERVICES