USAPALeola158-154-158 W Main St
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$495,000

For Sale

16 hours ago

158 - 154-158 W Main St, Leola, PA

MLS® PALA2087744

0 Bed

0 Bath

3300 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3300 sqft
Garage No
Taxes $5,619
Days Active 0
Lot Size 0.42 acres
Approx. Age 1920
Avg. Price Per Sqft $150
MLS® Number PALA2087744

Property Address: 158-154-158 W Main St, LEOLA, PA, 17540-1749

Average square foot calculated using Size range provided by listing agent.

Description

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44, 160 with a current NOI of approximately $30, 141. Pro forma gross annual income with modest rent increases is projected at approximately $46, 200, with projected NOI increasing to approximately $39, 346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.
MLS® NumberPALA2087744
Laundry Level
Central VacNo
FireplaceNo
Acreage0.42
Exterior
GarageNo
Approx. Age1920
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
154-158 W Main St, LEOLA, PA

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