633 Manor St, Lancaster, PA 17603

Description

Fully leased 4-unit brick investment in Lancaster City; $53,280 in annual rents. Full of classic city character, the property offers four 1-bedroom, 1-bath apartments with updated kitchens, modern flooring, and tall windows that fill each unit with natural light. The top-floor apartment stands out with sloped ceilings and dormer windows for a loft-style feel. With 100% occupancy, roughly $33,400 in NOI, and tenants reimbursing the landlord for utilities, this property delivers cash flow from day one.

The solid brick building features a newer roof (architectural shingle and rubber), a stone foundation, natural gas radiator heat, and natural gas hot water, all on public water and sewer.

The location is a major draw; a short distance from Penn Square, Lancaster Central Market, and downtown’s restaurants, shops, and galleries, with easy access to Routes 222 and 30. Lancaster City’s steady rental demand keeps units leasing quickly.

This is a strong add for a seasoned investor or an ideal start for an owner-occupant looking to house-hack a 4-unit. Don't miss the opportunity!