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459 Pershing Ave, Lancaster, PA 17602

$500,000
: 2,603
SqFt

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List Price: $500,000
Status: ACTIVE
MLS#: PALA2095258
Subtype: Multi-Family
Style: Other
Year Built: 1900
Living Area: 2,603
Lot Size: 3,485
Acres: 0.08
MLS Area Major: Lancaster City (10533)

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Property Description

This listing is for BOTH 459 Pershing Ave (2 unit) and 435 S. Christian St (2 unit). These two properties have a total of 4 units, and have been well maintained. There is 1 (1) bedroom unit, 2 (2) bedroom units and 1 (3) bedroom unit. Both properties have been well maintained and are professionally managed with rental licenses and lead certifications in place. Rents are under market and have room to grow, and with all tenants on month- month terms, rents can be increased soon under new ownership. All tenants have been in place for multiple years. Three out of the four units have been updated over the past 5 years. Solid opportunity to use residential fixed loan terms while getting 4 nice units to scale up. Benefit from the appreciation taking place in Lancaster city with these solid investments.

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Additional Information

Taxes: $2,156
Property Description: Other
Zoning: R-3 MEDIUM DENSITY
Heating: Forced Air
Air Conditioning: Wall Units
Foundation: Stone
School District: School District Of Lancaster