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Fully leased 4-unit brick investment in Lancaster City — $53,280 in annual rents and an 8.8% cap rate at list price. Built in 1902 and full of classic city character, 633 Manor Street offers four 1-bedroom, 1-bath apartments with updated kitchens, modern flooring, and tall windows that fill each unit with natural light. The top-floor apartment stands out with sloped ceilings and dormer windows for a loft-style feel. With 100% occupancy and roughly $33,400 in NOI, this property delivers dependable cash flow from day one. The solid brick building features architectural shingle and rubber roofing, a stone foundation, natural gas radiator heat, and natural gas hot water,... all on public water and sewer. A rear yard with an outbuilding provides useful storage. The location is a major draw: less than a mile from Penn Square, Lancaster Central Market, and downtown’s restaurants, shops, and galleries, with easy access to Routes 222 and 30. Lancaster City’s steady rental demand keeps units leasing quickly. At under $95K per door with a 7.1 GRM, this is a strong add for a seasoned investor or an ideal start for an owner-occupant looking to house-hack a 4-unit. Rent roll and expense summary available to qualified buyers.

Bright MLS, MLS#: PALA2098216
Listed By: Astoria Realty Advisors LLC, Benuel Esh, benuel@eshassociates.com

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Accessibility Features

  • 2+ Access Exits

Architectural Style

  • Other

Basement

  • Unfinished

Construction Materials

  • Brick

Cooling

  • None

Foundation Details

  • Stone

Heating

  • Radiator

Operating Expense Includes

  • Insurance
  • Trash

Other Structures

  • Above Grade
  • Below Grade

Roof

  • Architectural Shingle
  • Rubber

Security Features

  • Smoke Detector

Sewer

  • Public Sewer

View

  • City

WaterSource

  • Public
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Schedule a Showing
Listed By:
Astoria Realty Advisors LLC
Benuel Esh
benuel@eshassociates.com

Data Source: Bright MLS

MLS#: PALA2098216

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This property was listed on 11/6/2026 and last updated as of 11/6/2026 9:18:49 PM. OSI IDX updated the data from Bright MLS on 11/7/2026 at 2:44 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.