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Status

Active

Lancaster

45110 Elm

About This Property

This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.

Neighborhood

This property is located in Lancaster. Want to learn more about the area?

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Listing courtesy of LPT Realty, Inc

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$624,000

Est. Monthly Payment

$3,987/mo

20% down · 6.5% rate · 30yr

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Listing Agent

George Kpachavi

LPT Realty, Inc