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- Description
- Property Details
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- Facts & Features
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Street View
$495,000
Monthly Est:$2,464
-- Bed
-- Bath
3,300sqft
154-158 Main St W, Leola, PA 17540
$495,000
$2,464/moEst:
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Quadruplex
Built in 1920
$-- HOA
18,295.2 sqft lot
$150/sq.ft
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 District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.
- Houzeo last checked: 7 hours ago
- Listing updated: May 21, 2026 at 1:13 pm
- Listing Provided by: Joshua Miller (717) 383-6647 , Thomas P Troccoli (717) 390-9858 | Bennett Williams Realty, Inc. (717) 843-5555
- Source: Bright MLS-NJ | MLS#: PALA2087744
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
3,300 sqft
Lot Size
18,295.2 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PALA2087744
MLS Status
ACTIVE-BRIGHT
Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Radiator
Sewer
Public Sewer
Cooling
Window Unit(s)
Construction
Year Built
Year Built: 1920
Home type
Quadruplex
Architectural Style
Other
Foundation Details
Other
Construction Materials
Frame, Metal Siding
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
05/11/2026 Source: | Listed for Sale | $495,000 $150/sqft |
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