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

61 Spencer Ave

LANCASTER, PA 17603
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Bed 8

Bed

Bath 0

Bath

Acres0.21

Acre(Lot)

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

Detail Ic Property Details

Property Type : Residential Income

Price : $535,000

AD Id : 88232604

MLS Id : PALA2091902

Beds : 8

Lot Size : 0.21 Acre

Year Built : 1920

County : LANCASTER

Subdivision: Hamilton Park

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Feature 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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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19 & 23 Nursery Lane, Lancaster, PA, 17603 $625,000 5 -- 1,680 1,680 SqFt
546 Poplar Street, Lancaster, PA, 17603 $289,000 1 -- 2,424 2,424 SqFt
18 W Liberty Street, Lancaster, PA, 17603 $414,900 4 -- 1,610 1,610 SqFt
121 Laurel Street, Lancaster, PA, 17603 $350,000 5 -- 1,876 1,876 SqFt
649-651 W Chestnut Street, Lancaster, PA, 17603 $795,000 12 -- 5,390 5,390 SqFt
1694 1696 1698 Columbia.., Lancaster, PA, 17603 $475,000 5 -- 3,353 3,353 SqFt
1710-1712 Temple Avenue, Lancaster, PA, 17603 $325,000 2 -- 1,152 1,152 SqFt

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ByOwner last updated this listing 07/23/2026 @ 17:30

MLS: PALA2091902 LISTED BY: Joshua Miller, Bennett Williams Realty, Inc. 717-843-5555 SOURCE: Bright MLS

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