Average square foot calculated using Size range provided by listing agent.
Description
Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster LocationPresenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.Built in 1958, this 3, 212 sq ft building sits on a generous 6, 755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.Show Description
MLS® Number25007197
Locker
Ensuite LaundryNo
Balcony
Furnished
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Exterior
GarageNo
Approx. Age1958
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Included in Maintenance Fee
Heat
Hydro
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Building Insurance
Condo Taxes
Cable TV
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Parking Maintenance
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Heat
A/CRefridge Wall/Window
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