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$1,250,000
13 Days On Site

101 W MAIN STREET
MOUNT JOY, PA 17552

For Sale|Commercial Sale|Active
0
Beds
9
Total Baths
7,355
SqFt
$170
/SqFt
1840
Built
County:
LANCASTER
Listing courtesy of Astoria Realty Advisors LLC

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101 W MAIN STREET101 W MAIN STREET101 W MAIN STREET101 W MAIN STREET
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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.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,355 sqft
Total Baths 
9
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1840
MLS® Number 
PALA2089714
Status 
Active
Property Tax 
$10,530
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.18
Foundation 
Stone
Number Of Stories 
3
Parking 
PrivateParking Lot
Parking Spaces 
9
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7355
Utilities 
Natural Gas AvailableSewer Available
Water Source 
Public
Zoning 
CBD - COMMERCIAL BUSINESS
Interior Features
Appliances 
Electric Water Heater
Cooling 
Window Unit(s)Electric
Electric 
200+ Amp Service
Flooring 
Vinyl
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
FrameVinyl SidingBrick
Lot Features 
Corner LotLevelBack Yard
Road Frontage 
State Road
Roof 
AsphaltRubberShingle
View 
City
Waterview 
City
Community Features
MLS Area 
Mt Joy Boro (10545)
School District 
DONEGAL
Schools
School District
DONEGAL
Elementary School
DONEGAL
Middle School
DONEGAL
High School
DONEGAL
Listing courtesy of Astoria Realty Advisors LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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