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154-158 Main St
For Sale $495,000 ($150.00 per Sq Ft)
$495,000 ($150.00 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,300 Sq Ft
- 18,295 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $495,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,300 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5619 |
| MLS # | PALA2087744 |
| Property ID | 322836865 |
| Lot Sqft | 18,295 |
| Zoning | MIXED USE |
| Total Units | 4 |
| Days on Market | 19 |
| Original List Price | Unknown |
| Date Updated | May 21, 2026 |
| Date Created | May 10, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $44,420 | $0 |
Listing Provided By
Joshua Miller an agent of Bennett Williams Inc.. Lic #RS365967
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Data last updated: May 29, 2026.
Robert Crawford
REAL ESTATE AGENT