




514 W Orange St, Lancaster, PA, 17603
About This Home
Unlock the potential of cash flow with this Exceptional Triplex located in the heart of Lancaster, PA! This multi-family residential property offers a unique opportunity for investors looking to expand their portfolio or enter the rental market. Property Highlights: Three Separate Units : Each unit is designed for optimal living space, providing tenants with comfort and privacy. Strong Rental History : This property has a proven track record of consistent rental income, making it a reliable investment choice. Prime Location : Situated in a vibrant West End neighborhood, residents will enjoy easy access to local amenities, public transportation, and the rich culture of Lancaster City. Cash Flow Potential : With the ability to generate significant monthly income, this triplex is perfect for investors seeking to maximize their return on investment. Off Street Parking : Currently 3 of 4 parking spots are leased for $30/month/spot generating additional recurring revenue. Opportunity for Value-Add : With some updates and renovations, you can increase rental rates and enhance property value.
Getting Around
Schools
Construction
Condition
- Property condition: Good
- Year built: 1890
Materials
- Foundation: Permanent,Stone
- Roof: Flat
- Construction materials: Brick,Masonry
Notable Dates
- Major remodel year: 2001
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Triplex
Interior
Appliances
- Appliances included: Oven/Range - Electric,Gas Water Heater
Basement
- Area: 1078
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Formal/Separate Dining Room,Plaster Walls
- Door features: Insulated
- Window features: Energy Efficient
- Flooring: Hardwood,Other
Heating & Cooling
- Heating features: Radiator,Baseboard,Natural Gas,Electric
- Cooling features: None
Interior Area
- Total structure area: 3,682
- Total interior livable area: 2,604 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 3351465300000
- Zoning: RESD - 3 FAMILY DWELLING
- Special condition: Standard
Features
- Pool features: None
- Patio & porch: Patio
Lot
- Lot size: 3,485 sqft
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 4
- Parking features: Crushed Stone,On Street,Off Street
- Has uncovered spaces: Yes
