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Lancaster,PA 17601
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PALA2076468
Year Built 1936
Available Date 2025-09-19
Annual Tax Amount $9,147
Tax Year 2025
Lot Size 0.520 Acres
Property Sub-Type Five Or More Units
Property Description
A rare opportunity awaits with this 5-unit apartment building with 5 garages in a prime location. Built more than 90 years ago as a true 5-unit, the property retains the character and charm of a bygone era, with original hardwood floors throughout and a classic slate roof.
Lovingly managed by the same owner for the past 46 years, this property has been well maintained and thoughtfully cared for, making it an ideal turnkey investment. Each apartment has its own gas and electric meter, plus access to a coin-operated laundry in the basement—a setup designed for minimal upkeep and low-maintenance management.
All 5 apartments and 5 garages are fully occupied, yet the rents are currently below market value, offering upside potential for the next owner to unlock additional income. With separate utilities, solid construction, and a strong rental history, this is an attractive opportunity for both seasoned investors and those looking to expand their portfolio. Please review additional information in Documents.
Location
State PA
County Lancaster
Area Manheim Twp (10539)
Zoning 500
Interior
Hot Water Natural Gas
Heating Hot Water,Radiator
Cooling Window Unit(s)
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Slate,Rubber
Building
Lot Description Cleared,Level
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Manheim Township
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://gressphotography.com/15-E-Roseville-Rd/idx