61 Spencer Ave, LANCASTER, Pennsylvania image 1

Pending

MLS: #PALA2091902, Listed By: Joshua Miller, Bennett Williams Realty, Inc., Source:Bright MLS

61 Spencer Ave

LANCASTER, PA 17603

$535,000 $2,255/Mo

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Overview

Bed

Bath

0.21

Acre(Lot)

Description

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 tur nkey opportunity for an investor seeking a stabilized multifamily asset in one of Lancaster City's most desirable residential areas.

Property Details

Property Type : Residential Income

Price : $535,000

AD Id : 88232604

MLS Id : PALA2091902

Beds : 8

Lot Size : 0.21 Acre

Tax Amount : $7,139

Year Built : 1920

County : LANCASTER

Subdivision: Hamilton Park

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Room Information

Has Basement: Yes Basement: Full, Partially Finished
Roofing Information

Composition, Shingle
Interior Features

Roof: Composition, Shingle Appliances: Electric Water Heater Laundry Features: Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Electric, Radiant Has Cooling: Yes Cooling: Central Air, Electric

Building Information

Year Built: 1920 Construction Materials: Brick Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.21 Lot Size Source: Assessor Lot Size Square Feet: 9148

Property Information

Subdivision: HAMILTON PARK Source Property Type: Residential Income Postal Code Plus 4: 4852 Property SubType: Quadruplex Property Age: 106

Listing Price Information

Listing Price: $535000

Tax Information

Parcel Number: 340-39847-0-0000 Tax Year: 2025 Annual Tax: $7139

Parking Information

Off Street, On Street

Utility Information

Cable Available
Location Information

Direction: 61-63 Spencer Ave, Lancaster, PA 17603 WaterSource: Public Security Features: Smoke Detector(s)

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