137 E Clay St, Lancaster, PA 17602

$350,000
2,700
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$350,000
Status
PENDING
Days on Market
61
MLS#
PALA2094334
Subtype
Multi-Family
Style
Traditional
Year Built
1905
Living Area
2,700
Lot Size
2,614
Acres
0.06
Subdivision
Ross
MLS Area Major
Lancaster City (10533)

Property Description

This traditional twin/semi-detached brick structure offers a spacious 2,700 sq. ft. of finished living space, making it an ideal candidate for rental income or long-term appreciation. The full basement is used by the tenants in Apartment 1. It houses the washer and dryer. The 2 car detached garage accommodates two vehicles, offering convenience for tenants and additional rental opportunities. The on-street parking further increases accessibility for residents. Situated on a compact 0.06-acre lot, this property is easy to maintain while maximizing rental yield. The absence of a pool and extensive landscaping means lower upkeep costs, allowing for a more favorable return on investment. The property's traditional architecture and solid brick construction ensure durability and timeless appeal, attracting a wide range of potential tenants. With the local rental market showing consistent demand, this property stands out as a lucrative investment option. Whether you're a seasoned investor or looking to make your first move, this property offers the perfect blend of stability and potential for growth. Don't miss out on this opportunity to secure your financial future! There is a 1 bedroom unit and a 2 bedroom unit (as well as a small office/nursery). This property is in great shape. Both leases are month to month. A minimum of 24 hour notice is required for all showings. Leases and 12 month cash flow are available. Tenant occupied. Pictures are from prior to the tenants moving in..

Additional Information

Taxes
$7,002
Property Description
Traditional
Zoning
R3
Heating
Radiator(s)
Air Conditioning
None
Foundation
Stone
Garage Spaces
2
School District
School District Of Lancaster
High School
Mccaskey Campus

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hometown Property Sales. Contact: