Listed by Bridgemont Realty
$790,000
Lancaster Apartments Plus Huge Renovated Barn
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,500
NOI $98,800
Price per SqFt $176
Year Renovated 2025
Buildings 2
Stories 3
Lot Size (SqFt) 19,166
Multifamily
Marketing description
CASH FLOW! $121,200 in annual rents! Strong rental history, modern upgrades!
Outstanding Rental Income: $99,000 per year
Renovated & Well-Maintained
Recent Capital Improvements:
New roof, siding, gutters, windows, interior renovations
Newer heating system, water heater, and electrical
Unit Mix:
5x1.5
2x2
2x2
In-Law Unit
0x1 (Barn Space)
0x0 (Barn Space)
Cleared, expansive, and level lot providing future development/conversion potential
Ten private parking spaces plus 2 large driveways
All leases TAW (Tenants Would Like To Renew)
Listing Contacts
Listed by Bridgemont Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,800.00
$8,233.33/mo
Valuation Metrics
0
DSCR
12.51%
Cap Rate
12.51%
ROI
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