702 Poplar St, Lancaster, PA 17603

$375,000
2,109
SqFt

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List Price
$375,000
Days on Market
6
Status
PENDING
MLS#
PALA2091126
Living Area
2,109
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1880
County
Lancaster
School District
School District Of Lancaster

Property Description

Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.

Additional Information

Area
Lancaster City (10533)
Subdivision
Cabbage Hill
Taxes
$3462
School District
School District Of Lancaster
High School
Mccaskey H.S.
Flooring
Carpet, Ceramic Tile, Engineered Wood, Vinyl, Wood, Luxury Vinyl Plank
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
None
Roof
Composite, Shingle
Utilities
Cable TV Available, Electric Available, Natural Gas Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: (717) 735-8400