Lancaster, PA 17602,564 S DUKE ST
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Lancaster, PA 17602,564 S DUKE ST
Lancaster, PA 17602,564 S DUKE ST
Lancaster, PA 17602,564 S DUKE ST
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Under Contract

564 S DUKE ST Lancaster, PA 17602

1,307 Sqft Lot


UPDATED:

10/16/2024 09:01 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PALA2058556

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $275

Tax Year 2024

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions 0.00 x 0.00

Property Description

Investment Opportunity: Fully Rented Storage Units/Garages

Seize this rare investment opportunity with a property featuring **five 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!

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Utilities Available Electric Available

Waterfront N

Water Access N

Accessibility None

Parking Type Private Garage, On Street

Garage N

Building

Sewer No Sewer System

Water None

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 337-79015-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Christopher J Good • Keller Williams Elite

Dave Kolakowski

Broker

+1(301) 445-8525

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564 S DUKE ST