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Mike Stum
Direct Office:
717-940-5760
mike@realchoicerealestate.com
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Mike Stum
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Direct Office:
717-940-5760
mike@
realchoicerealestate.c
om
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Buyers Info
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FOR SALE
$390,000

645 E Orange Street
Lancaster, PA 17602

Single Family
Residence
5
Beds
2
Baths
2,544
Sq. Ft.
0.1
Acre Lot
1of
Photos
Map
Courtesy: Kingsway Realty
brightmlshomes.com> Pennsylvania> Lancaster> 17602
Here is your shot at owning a rare mixed use commercial/residential property in a prime Lancaster City Location! Building consists of 3 units, 2 residential and 1 commercial. LARGE 4 bedroom residential covers two stories. 3 total rooms studio in the back of the building. A commercial store front facing Orange Street with excellent traffic count and significant foot traffic. This property is located just minutes from every major highway for easy commute. Just a stone's throw from Center City Lancaster, this property is sure to draw lots of quality tenants to ensure excellent cash flow. The possibilities are endless given the mixed zoning, you can rent out the commercial space to a thriving local business, and rent out the residential units to maximize on your investment. In the rear the potential for off-street parking exists allowing for increased cash-flow. At a 7% cap rate and a $33,800 NOI Potential, this property fully rented at the going rental prices is listed well below market value. Don't miss out on this opportunity to add this building to your vibrant investment portfolio!
PALA157714
Single Family
5
LANCASTER
2 Full
1870
0.1 Acres
Electric Water Heater, Public Water Service
Brick
Public Sewer
School Rating Out of 10
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Data Provided by  GreatSchools.org
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Courtesy: Kingsway Realty
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Information is deemed reliable but is not guaranteed.