United StatesPennsylvaniaLancaster534 W JAMES Street

534 W JAMES Street
534 W JAMES Street Lancaster, Pennsylvania 17603 United States

$1,650,000
 Get directions
 

RE/MAX Pinnacle

$1,650,000
Change Currency
.06 Acres
Exterior
Multi Family
Property type
1890
Year Built
PALA2049320
Web Id
PALA2049320
MLS ID
COLLEGE HILL
Subdivision
Lancaster
School District
Wharton
Elementary
John F Reynolds
Middle
McCaskey Campus
High
21
days ago

About 534 W JAMES Street

Prime Investment Opportunity: 11-Unit Property at 534 W. James Street, Lancaster, PA ??Discover an exceptional investment opportunity in the heart of Lancaster, PA, with this impressive 11-unit property located at 534 W. James Street. Situated in a vibrant neighborhood close to prestigious institutions such as F&M College and Lancaster Theological Seminary, as well as a plethora of dining, entertainment, and recreational options, this property promises not only lucrative returns but also a desirable location for tenants seeking convenience and culture.The Location:Convenience meets culture at 534 W. James Street. Nestled within walking distance to many great restaurants, coffee shops, and brew pubs, tenants will have easy access to Lancaster's culinary and social scene. Moreover, the property's proximity to Buchanan Park offers tenants a serene retreat for outdoor leisure activities. Within a short walk, residents can explore galleries, visit the historic Central Market, or enjoy an evening out at local brew pubs, making this location highly desirable for urban living enthusiasts.The Property:Boasting a mix of studio, one-bedroom, and two-bedroom units, this investment property caters to a diverse range of tenants, ensuring high occupancy rates and steady cash flow. Each unit is thoughtfully designed to maximize comfort and functionality.Safety and Compliance:Investors can rest assured knowing that the property is fully equipped with sprinkler systems for added safety, meeting the highest standards of fire protection. Additionally, the property is licensed by the City of Lancaster, ensuring compliance with local regulations and providing peace of mind to both owners and tenants alike.Income Potential:With its prime location and attractive unit mix, 534 W. James Street presents an exceptional income-generating opportunity for savvy investors. The property's proximity to academic institutions makes it particularly appealing to students and faculty members seeking off-campus housing. Additionally, the bustling neighborhood and array of nearby amenities ensure a steady stream of potential tenants year-round.Conclusion:Don't miss out on the chance to add this lucrative investment property to your portfolio. Whether you're a seasoned investor looking to expand your holdings or a first-time investor seeking a promising opportunity, 534 W. James Street offers the perfect combination of location, income potential, and safety.

Listing Courtesy of RE/MAX Pinnacle

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Anne Lusk Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

features

Community
Sidewalks
Style
Traditional

PROPERTY INFORMATION

Basement
Unfinished
Cooling
Window Unit(s), Multi Units
Heating
Baseboard - Electric
Sewer
Public Sewer
Style
Traditional

EXTERIOR

Exterior Features
Fire Escape, Sidewalks, Street Lights

INTERIOR

Interior Features
Additional Stairway

ADDITIONAL INFORMATION

Body of Water
Public
This Lancaster Multi Family is for Sale at $1,650,000 and was built in 1890. Has on a lot of .06 Acres.

 

RE/MAX Pinnacle

Contact Agent