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$ 90,000
$ 95,000 5.3%
564 S DUKE ST Lancaster, PA 17602
1,307 Sqft Lot
UPDATED:
Key Details
Sold Price $90,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2058556
Sold Date 12/26/24
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $275
Tax Year 2024
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 0.00 x 0.00
Property Sub-Type Other
Property Description
Seize this rare investment opportunity with a property featuring **five fully-rented storage units/garages**. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers:
- **Consistent Cash Flow**: All five units are currently occupied with reliable tenants, ensuring steady monthly income.
- **Low Maintenance**: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability.
- **Prime Location**: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking.
- **Flexible Investment**: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value.
With **stable occupancy** and a **high-demand asset type**, this investment property provides immediate returns and future growth potential. Don't miss your chance to add a solid performer to your portfolio!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available Electric Available
Water Access N
Accessibility None
Garage N
Building
Sewer No Sewer System
Water None
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 337-79015-0-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Bought with Willy Mangual • Iron Valley Real Estate of Lancaster
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