About 514 W Orange St
Unlock the potential of cash flow with this Exceptional Triplex located in the heart of Lancaster, PA! This multi-family residential property offers a unique opportunity for investors looking to expand their portfolio or enter the rental market. Property Highlights: Three Separate Units : Each unit is designed for optimal living space, providing tenants with comfort and privacy. Strong Rental History : This property has a proven track record of consistent rental income, making it a reliable investment choice. Prime Location : Situated in a vibrant West End neighborhood, residents will enjoy easy access to local amenities, public transportation, and the rich culture of Lancaster City. Cash Flow Potential : With the ability to generate significant monthly income, this triplex is perfect for investors seeking to maximize their return on investment. Off Street Parking : Currently 3 of 4 parking spots are leased for $30/month/spot generating additional recurring revenue. Opportunity for Value-Add : With some updates and renovations, you can increase rental rates and enhance property value.
Features of 514 W Orange St
MLS® # | PALA2075690 |
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Price | $457,000 |
Bathrooms | 0.00 |
Square Footage | 2,604 |
Acres | 0.08 |
Year Built | 1890 |
Type | Multi-Family |
Sub-Type | Triplex, Twin/Semi-Detached |
Style | Traditional |
Status | Active |
Community Information
Address | 514 W Orange St |
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Area | Lancaster City (10533) |
City | LANCASTER |
County | LANCASTER-PA |
State | PA |
Municipality | LANCASTER CITY |
Zip Code | 17603 |
Amenities
Amenities | Formal/Separate Dining Room |
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Parking | Crushed Stone |
Is Waterfront | No |
Interior
Appliances | Oven/Range-Electric |
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Heating | Radiator, Baseboard - Electric |
Cooling | None |
Has Basement | Yes |
Basement | Full |
Fireplace | No |
# of Stories | 3 |
Exterior
Exterior | Brick and Siding |
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Exterior Features | Patio |
Windows | Energy Efficient |
Roof | Flat |
Foundation | Permanent, Stone |
School Information
District | SCHOOL DISTRICT OF LANCASTER |
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Elementary | ROBERT FULTON |
Middle | JOHN F REYNOLDS |
High | MCCASKEY H.S. |
Additional Information
Date Listed | September 9th, 2025 |
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Days on Market | 35 |
Zoning | RESD - 3 FAMILY DWELLING |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX SmartHub Realty |
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Contact Info | (717) 208-4444 |