Active

340-Rear S Marshall St

Lancaster PA, 17602

$154,900


Active

Commercial

Built in 1920

Seize this rare investment opportunity with a property featuring nine fully-rented storage units/garages. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers:

All nine units are currently occupied with reliable tenants at below market rents.

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!

PALA2059148

MLS ID

October 21, 2024

Listed

January 2, 2025

Updated

Map

340-Rear S Marshall St
Lancaster PA, 17602

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.1 Acres

Other Property Details

Area Name

LANCASTER CITY


Taxes

$2,251


Tax Frequency

Annually


Days on Market

74


Garage

No


Parking Total

9


View

No


County

LANCASTER


Pool

No

Listing History

Date

Event

Price

1/2/2025

Price change

$154,900

-4%

11/11/2024

Price change

$159,900

-4%

Listed by Keller Williams Elite
Listing Contact: 7178211610 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/2/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/2/2025 at 12:10 PM UTC

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