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MLS: #PALA2089710, Listed By: Benuel Esh, Astoria Realty Advisors LLC, Source:Bright MLS

101 W Main Street

MOUNT JOY, PA 17552

$1,250,000 $5,270/Mo

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Overview

Bed

Bath

7,355

Sqft

0.18

Acre(Lot)

Description

Completely revitalized and ready for its next chapter, this 9-unit apartment community presents an exceptional opportunity to acquire a great multifamily asset in one of Lancaster County's more desirable rental markets. The property consists of two buildings featuring a mix of spacious apartments, including seven, 1-bedroom units and two, 3-bedroom units, offering an attractive blend of affordability and family-oriented housing. Following extensive renovations and structural improvements, the property is well positioned for great long-term performance. All units except one feature updated finishes and modernized interiors, while the overall improvements significantly reduce deferred maintenance concerns for a new owner. Tenants will appreciate the generous unit layouts, off-street parking , and convenient location within the charming borough of Mount Joy. With 9 off-street parking spaces, strong rental demand in the area, and the opportunity to lease newly improved units at current market rates, this property offers both immediate income potential and long-term appreciation. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment in a high-demand Lancaster County location, this is an opportunity worth serious consideration. Don't miss the opportunity! Note that the seller is working through the final details of lifting the condemnation that was due to structural issues that have been remediated. The property will be delivered with an occupancy permit, fully prepared for occupancy. Unit 9 is labeled as Unit 10 because the address of that unit is 10 Manheim Street.

Property Details

Property Type : Residential Income

Price : $1,250,000

AD Id : 82926149

MLS Id : PALA2089710

Beds : 13

Lot Size : 0.18 Acre

Living Area Size : 7,355

Year Built : 1840

County : LANCASTER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 13

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Vinyl
Roofing Information

Asphalt, Rubber, Shingle
Interior Features

Roof: Asphalt, Rubber, Shingle Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s), Electric

Building Information

Year Built: 1840 Building Area Total: 7355 Construction Materials: Frame, Vinyl Siding, Brick Pool Features: None Private Pool: No View: City

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.18 Lot Size Source: Estimated Lot Size Square Feet: 7841 Lot Description: Corner Lot, Level, Back Yard

Listing Price Information

Listing Price: $1250000

Tax Information

Parcel Number: NO TAX RECORD Tax Year: 2025 Annual Tax: $10530

Parking Information

Parking Total: 9 Private, Parking Lot

School Information

Elementary School: DONEGAL

Junior High School: DONEGAL

Senior High School: DONEGAL
Utility Information

Natural Gas Available, Sewer Available
Location Information

Direction: GPS WaterSource: Public Security Features: Smoke Detector(s)

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ByOwner last updated this listing 06/12/2026 @ 08:45

MLS: PALA2089710 LISTED BY: Benuel Esh, Astoria Realty Advisors LLC 717-425-6264 SOURCE: Bright MLS