Auction
  • Est. $475,000

    2506 Old Philadelphia Pike, Lancaster, PA 17602

    6beds
    2,164sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Half bathBillboard signBrand new roofNewer windowsMacadam drivewayHot water radiator heatNatural gas boilers
    PUBLIC AUCTION SCHEDULED FOR FRIDAY, NOVEMBER 7, 2025 @ 4:00 PM. LISTED PRICE IS A SUGGESTED OPENING BID ONLY AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. Front Unit (2506 Old Phila Pike) is a 3 Bdrm unit which was fully renovated in 2024! 1st floor consists of an eat-in kitchen/dining rm w/cherry stained rsd panel cabinetry, peninsula, newer SS appliances, living rm, laundry closet w/newer washer & dryer, full bath w/tub/shower, closet storage, new vinyl plank flooring thruout first floor, partial open stairway leads to 2nd floor w/3 bdrms w/closets, full bath w/tub/shower, Currently occupied, Also renting 2 garage spaces. Interior was renovated in 2024 w/new flooring, paint, appliances etc! Back Unit (2508 Old Phila Pike) is a 3 Bdrm unit which was fully renovated in 2023! 1st Floor consists of an eat-in kitchen/dining rm w/like new cabinets w/Granite countertops, pantry closet, laundry closet w/like new Samsung washer & dryer, living rm, half bath, bdrm w/closet, vinyl plank flooring thruout first floor, partial open stairway leads to 2nd floor w/2 bdrms w/closets, full bath w/tub/shower. Currently occupied, also renting 1 garage space. Interior was renovated in 2023 w/new cabinets, appliances, flooring, paint & electrical. Both units were recently updated w/many newer windows and has brand new roof! Both units each have newer Natural Gas boilers and hot water radiator heat, water treatment system, 100 amp service, Both units are metered separate, back unit also has mini splits. 2 large assets to this property is the beautiful new detached 24'x30' 2 sty 3-bay garage which has aluminum ext stairs leading to 2nd floor which is currently rented out. The other one is the Billboard sign which is situated at the corner of 2 main roads creating wide publicity. Will have an 8'x8' space available for rent after December 1st. Current Billboard sign annual income is $8090.00.... Total annual gross income from units, garage & billboard is $54,700.00 All situated on .50 Acres w/lawn area, onsite well & public sewer, macadam driveway w/parking, East Lampeter Twp., Desirable Conestoga Valley School District Note: Great cash flowing 2 unit investment property w/updated 2 Sty dwelling, new garage & billboard all in one package. This is truly a one of a kind "rare find" that was recently updated and is in very good condition. Ideal local location! Great investment opportunity!
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