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702 Poplar St
Off-Market Call for Pricing
Call for Pricing
- Unknown Bedrooms
- Unknown Bathrooms
- 2,109 Sq Ft
- 1,742 Sq Ft
Description
Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.
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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 | $375,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,109 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1880 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3385324500000 |
| MLS # | PALA2091126 |
| Property ID | 322976984 |
| Lot Sqft | 1,742 |
| Zoning | R3 |
| Total Units | 3 |
| Days on Market | 10 |
| Original List Price | Unknown |
| Applicances | Refrigerator,Oven/Range - Electric% |
| Date Updated | July 06, 2026 |
| Date Created | June 30, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $38,340 | $0 |
| Net Income (Yr) | $ 29,824 |
| Cap Rate | 7.95% |
Listing Provided By
Jerry N Lehman an agent of . Lic #RS301950
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Data last updated: July 10, 2026.
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REAL ESTATE AGENT