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Manheim,PA 17545
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $139
MLS Listing ID PALA2077934
Style Traditional
Abv Grd Liv Area 2,970
Year Built 1920
Annual Tax Amount $4,339
Tax Year 2025
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Detached
Source BRIGHT
Property Description
This solid four-unit brick investment property in the heart of Manheim offers a perfect blend of stability and upside potential. Each apartment features one bedroom and one full bath, with long-term tenants already in place. Every unit includes its own garage bay in the 4-car garage plus an additional parking space — an amenity tenants truly appreciate and that adds long-term rental value.
Inside, several units have been updated, while others provide opportunity for light improvements and increased equity. The building has been well-maintained (especially the utility systems) and the current rents are below market, leaving plenty of room for rent growth and stronger returns. Utilities are separately metered, and the property sits on a beautiful street in a convenient location close Manheim's downtown area.
With consistent rental demand in the Manheim market, this property is an excellent addition to any portfolio — whether you're a seasoned investor or someone looking to start building wealth through real estate.
Opportunities like this don't come up often — strong bones, good tenants, and solid numbers.
Location
State PA
County Lancaster
Area Manheim Boro (10540)
Zoning MULTIFAMILY
Rooms
Basement Unfinished,Full
Interior
Hot Water Electric
Heating Radiant
Cooling None
Inclusions All appliances in each apartment.
Fireplace N
Heat Source Electric
Laundry Washer In Unit,Dryer In Unit
Exterior
Exterior Feature Porch(es)
Parking Features Additional Storage Area,Garage - Front Entry
Garage Spaces 8.0
Water Access N
Accessibility None
Porch Porch(es)
Total Parking Spaces 8
Garage Y
Building
Foundation Block
Above Ground Finished SqFt 2970
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Manheim Central
Others
Tax ID 400-44146-0-0000
Ownership Fee Simple
SqFt Source 2970
Acceptable Financing Cash,Conventional,FHA,FHVA
Listing Terms Cash,Conventional,FHA,FHVA
Financing Cash,Conventional,FHA,FHVA
Special Listing Condition Standard