7,841 Sqft Lot
7,841 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALA2089714
Year Built 1840
Available Date 2026-06-12
Annual Tax Amount $10,530
Tax Year 2025
Lot Size 7,841 Sqft
Acres 0.18
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Following extensive renovations and structural improvements, the property is well positioned for great long-term performance. All units except one feature updated finishes and modernized interiors, while the overall improvements significantly reduce deferred maintenance concerns for a new owner. Tenants will appreciate the generous unit layouts, off-street parking, and convenient location within the charming borough of Mount Joy.
With 9 off-street parking spaces, strong rental demand in the area, and the opportunity to lease newly improved units at current market rates, this property offers both immediate income potential and long-term appreciation. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment in a high-demand Lancaster County location, this is an opportunity worth serious consideration. Don't miss the opportunity!
Note that the seller is working through the final details of lifting the condemnation that was due to structural issues that have been remediated. The property will be delivered with an occupancy permit, fully prepared for occupancy.
Location
State PA
County Lancaster
Area Mt Joy Boro (10545)
Zoning CBD - COMMERCIAL BUSINESS
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank, Vinyl
Inclusions All appliances not belonging to tenants.
Heat Source Electric
Exterior
Garage Spaces 9.0
Utilities Available Natural Gas Available, Sewer Available
Water Access N
View City
Roof Type Asphalt,Rubber,Shingle
Street Surface Black Top
Accessibility 2+ Access Exits
Road Frontage State
Total Parking Spaces 9
Garage N
Building
Lot Description Corner, Level, Rear Yard, SideYard(s)
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Donegal
Middle Schools Donegal
High Schools Donegal
School District Donegal
Others
Tax ID 450-52048-0-0000
Ownership Fee Simple
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
