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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: Consistent Cash Flow: All five units are currently occupied with reliable tenants, ensuring steady monthly income. 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!
| DAYS ON MARKET | 32 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Lancaster City (10533) |
| COUNTY | LANCASTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Nov 11, '24 | $165,000 |
|---|---|
| Nov 11, '24 - Today | $159,900 |
| ADDITIONAL DETAILS | |
| AREA | Lancaster City (10533) |
|---|---|
| LOT | 4356 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| TAXES | 2251 |
MORTGAGE CALCULATOR
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