NEW! Buy and sell safely with virtual options - Learn More
About the Listing ASTORIA1 - 3235203
Completely revitalized and ready for its next chapter, this 9-unit apartment community presents an exceptional opportunity to acquire a great multifamily asset in one of Lancaster County's more desirable rental markets. The property consists of two buildings featuring a mix of spacious apartments, including seven, 1-bedroom units and two, 3-bedroom units, offering an attractive blend of affordability and family-oriented housing. Following extensive renovations and structural improvements, the property is well positioned for great long-term performance. All units except one feature updated finishes and modernized interiors, while the overall improvements significantly reduce deferred maintenance concerns for a new owner. Tenants will appreciate the generous unit layouts, off-street parking, and convenient location within the charming borough of Mount Joy. With 9 off-street parking spaces, strong rental demand in the area, and the opportunity to lease newly improved units at current market rates, this property offers both immediate income potential and long-term appreciation. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment in a high-demand Lancaster County location, this is an opportunity worth serious consideration. Don't miss the opportunity! Note that the seller is working through the final details of lifting the condemnation that was due to structural issues that have been remediated. The property will be delivered with an occupancy permit, fully prepared for occupancy. Unit 9 is labeled as Unit 10 because the address of that unit is 10 Manheim Street.
Interior Details
- Bedrooms: 13
- Bathrooms: 9 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Luxury Vinyl Plank,Vinyl
- Above Ground Sq Ft: 7355
- Below Ground Sq Ft: 0
- Basement: Partial
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Level,Rear Yard,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 9
- Lot Dimensions: 0.00 x 0.00
- Zoning: Commercial business
- Roof: Asphalt,Rubber,Shingle
- Others: Excellent,Very Good
- Sewer: Public Sewer
- Parking Features: Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $10,530
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
101 W Main St Mount Joy, PA 17552
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
