Pending

MLS: #PALA2087744, Listed By: Joshua Miller, Bennett Williams Realty, Inc., Source:Bright MLS

154-158 Main Street

LEOLA, PA 17540

$495,000 $2,086/Mo

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Overview

Bed

Bath

3,300

Sqft

0.42

Acre(Lot)

Description

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School Distri ct in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Property Details

Property Type : Residential Income

Price : $495,000

AD Id : 78342137

MLS Id : PALA2087744

Beds : 8

Lot Size : 0.42 Acre

Living Area Size : 3,300

Year Built : 1920

County : LANCASTER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric

Building Information

Year Built: 1920 Building Area Total: 3300 Construction Materials: Frame, Metal Siding Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 0.42 Lot Size Source: Estimated Lot Size Square Feet: 18295.2

Listing Price Information

Listing Price: $495000

Tax Information

Parcel Number: 5619 Tax Year: 2026 Annual Tax: $5619

Parking Information

Parking Total: 12 Off Street

Location Information

Direction: 154-158 W Main St WaterSource: Public

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ByOwner last updated this listing 06/18/2026 @ 00:31

MLS: PALA2087744 LISTED BY: Joshua Miller, Bennett Williams Realty, Inc. 717-843-5555 SOURCE: Bright MLS