340-REAR S MARSHALL ST Active

Lancaster,PA 17602

$ 159900

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALA2059148

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,251

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 0.00 x 0.00

Property Description

Seize this rare investment opportunity with a property featuring nine fully-rented storage units/garages. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers:

Consistent Cash Flow: All five units are currently occupied with reliable tenants, ensuring steady monthly income.
Low Maintenance: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability.
Prime Location: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking.
Flexible Investment: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value.

With stable occupancy and a high-demand asset type, this investment property provides immediate returns and future growth potential. Don’t miss your chance to add a solid performer to your portfolio!

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 9.0

Utilities Available Electric Available

Water Access N

Accessibility None

Total Parking Spaces 9

Garage N

Building

Sewer No Sewer System,No Septic System

Water None

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 337-60905-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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