Description
Fantastic investment opportunity in Lancaster City! 514 Park Ave is an updated Duplex with lots of character and charm. 2 Units that each have 2 spacious bedrooms and 1 bathroom. Both units feature beautiful built-in storage and open floor plans. First floor unit has beautiful stained glass windows and French doors. Newer roof (replaced in 2021) and solar panels. Huge 3-bay garage with electric and heat. Garage also has a newer commercial grade roof. Property is fully rented until September of 2024. An excellent investment property with a cap rate of 8.5% for the current owners.
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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2,190SQFT
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$194$/SQFT
Description
Fantastic investment opportunity in Lancaster City! 514 Park Ave is an updated Duplex with lots of character and charm. 2 Units that each have 2 spacious bedrooms and 1 bathroom. Both units feature beautiful built-in storage and open floor plans. First floor unit has beautiful stained glass windows and French doors. Newer roof (replaced in 2021) and solar panels. Huge 3-bay garage with electric and heat. Garage also has a newer commercial grade roof. Property is fully rented until September of 2024. An excellent investment property with a cap rate of 8.5% for the current owners.
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