457 - 455 MANOR STREETLANCASTER, PA 17603
Mortgage Calculator
Monthly Payment (Est.)
$1,063Exceptional Investment Opportunity | Income-Producing Duplex! Well-located two-unit property in a highly walkable area with convenient access to local shops, restaurants, and everyday amenities. This income-producing, tenant-occupied duplex offers immediate cash flow with additional value-add potential. Unit 455 is currently rented at $965/month. Unit 457 is a 3-bedroom, 1-bath unit rented at $1,150/month and includes washer/dryer hookups. The property features one long-term tenant, providing stability and consistent rental income. Recent updates include a new furnace, a new stove in 455 and updated fencing, reducing near-term capital expenses. Owner currently pays water, sewer, and trash. Property is being sold as-is. With cosmetic improvements, there is an opportunity to increase rents to market rates and further enhance returns. Current cap rate is 7%.
| yesterday | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.