154-158 Main St W, Leola, PA 17540

Leola
Local realty services provided by:Mountain Realty ERA Powered
154-158 Main St W,Leola, PA 17540
$495,000
  • 8 Beds
  • - Baths
  • 3,300 sq. ft.
  • Multi-family
  • Active
Listed by: joshua miller, thomas p troccoli
Office: bennett williams realty, inc.
MLS#:PALA2087744
Source:BRIGHTMLS

Price summary

  • Price:$495,000
  • Price per sq. ft.:$150

About this home

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

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Home facts

  • Year built:1920
  • Listing ID #:PALA2087744
  • Added:1 day(s) ago
  • Updated:May 13, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:8
  • Living area:3,300 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1920
  • Building area:3,300 sq. ft.
  • Lot area:0.42 Acres
  • Construction Materials:Frame, Metal Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$150
  • Tax amount:$5,619 (2026)

Parking

  • Parking description:Off Street

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