Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

61 Spencer Ave #63, Lancaster, PA, 17603

8beds
--baths
0sqft
$535,000
--price/sqft
$3,644/moest. monthly cost
$145,760/yrincome needed

About This Home

An open house has been scheduled for Thursday, August 6th from 12pm to 1pm. Please RSVP to the listing agent if you plan to attend. Fully leased 4-unit brick multifamily property located in Lancaster Township, in the established Hamilton Park / West End neighborhood just south of Franklin & Marshall College and minutes from Downtown Lancaster. The unit mix consists of two 1-bedroom/1-bath units and two 3-bedroom/1-bath units. The property sits on a quiet, tree-lined residential street with strong long-term rental demand driven by proximity to F&M College, downtown Lancaster's restaurants, retail and employers, and easy access to Routes 30 and 501. Solid brick construction and a stable, established residential setting make this a low-maintenance hold with consistent tenant demand. A turnkey opportunity for an investor seeking a stabilized multifamily asset in one of Lancaster City's most desirable residential areas.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

4/10
4/10
Wheatland Middle SchoolGrades 6-80.3 mi
5/10
McCaskey CampusGrades 9-122.2 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Other
  • Roof: Composition,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Washer/Dryer Hookups Only

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 8

Heating & Cooling

  • Heating features: Radiator,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 3403984700000
  • Zoning: R2 - RESIDENTIAL
  • Special condition: Standard

Features

  • Pool features: None
  • Frontage length: Road Frontage: 70

Lot

  • Lot size: 9,148 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Off Street,On Street
  • Has uncovered spaces: Yes