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info@campbellgerrard.com +1(610) 566-5182

Listed by John Stoltzfus • Stoltzfus Realty

$ 500,000

Est. payment | -/mo

2,592 SqFt

Save

$ 500,000

Est. payment | -/mo

Save

2,592 SqFt

Open House

Sat Oct 31, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $192

MLS Listing ID PALA2097442

Style Other

Abv Grd Liv Area 2,592

Year Built 1946

Annual Tax Amount $6,796

Tax Year 2026

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Detached

Source BRIGHT

Property Description

REAL ESTATE AUCTION / November 9, 2026 @ 4 pm List price of $500,000.00 is a suggested opening bid only and is not indicative of the final sale price. TERMS: $50,000.00 down at Auction - Settlement on or before December 21, 2026. – Excellent 4-Unit Investment Opportunity in Strasburg Township! Don't miss this outstanding opportunity to purchase a well-maintained, income-producing 4-unit residential investment property situated on 1 acre in the desirable Lampeter-Strasburg School District. This property consists of a 4-unit apartment building featuring three 2-bedroom, single-story apartments, along with a separate 3-bedroom, single-story apartment with an attached 25' x 13' garage. All four units are currently occupied, generating a total gross rental income of $4,925 per month or $59,100 annually! Unit 1 features an eat-in kitchen/dining area with painted cabinetry and appliances, mudroom with laundry, 2 bedrooms, full bath with tub/shower, small basement, electric baseboard heat, and 100-amp service. Currently rented for $1,300/month. Unit 2 offers a similar 2-bedroom layout with eat-in kitchen, laundry area, and full bath, along with new windows, kitchen cabinets, and countertops installed in 2023. Currently rented for $1,250/month. Unit 3 features an eat-in kitchen/dining area with attractive stone accent walls, mudroom with laundry, 2 bedrooms, full bath with walk-in shower, and small basement. Currently rented for $1,025/month. The three-unit apartment building received a new metal roof in 2026! Unit 4 is a separate 3-bedroom apartment featuring an eat-in kitchen/dining area, mudroom with laundry, full bathroom with tub/shower, additional bathroom with shower stall, small basement, and attached garage. New windows and minor interior updates were completed in 2020. Currently rented for $1,350/month. All four apartments feature electric baseboard heat, LP water heaters, and 100-amp electrical service. The property is situated on a spacious 1-acre lot with lawn areas, gravel driveway and ample off-street parking. Enjoy a peaceful country setting while remaining conveniently located near Routes 272 and 372, with easy access to Quarryville, Willow Street, and surrounding Lancaster County communities. A great cash-flowing investment property with established rental income and numerous recent improvements! Whether you're looking to expand your investment portfolio or purchase your first multi-unit rental property, this is an excellent year-end real estate auction opportunity!

Location

State PA

County Lancaster

Area Strasburg Twp (10558)

Zoning RR

Rooms

Basement Other

Interior

Hot Water Other

Heating Baseboard - Electric

Cooling Other

Heat Source Electric

Exterior

Water Access N

Roof Type Metal

Accessibility None

Garage N

Private Pool No

Building

Foundation Block

Above Ground Finished SqFt 2592

Sewer On Site Septic

Water Well

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Lampeter-Strasburg

Others

Tax ID 580-67093-0-0000

Ownership Fee Simple

SqFt Source 2592

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Auction

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 566-5182

info@campbellgerrard.com

1578 BEAVER VALLEY PIKE Willow Street, PA 17584