251 & 253 E Ross Street Lancaster, PA $ 699,900
251 & 253 E Ross Street
$ 699,900
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251 & 253 E Ross Street

Lancaster, PA, 17602
$ 699,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 4,834

251 & 253 E Ross Street, Lancaster, PA 17602 - Image 1
251 & 253 E Ross Street, Lancaster, PA 17602 - Image 2
251 & 253 E Ross Street, Lancaster, PA 17602 - Image 3

Multi-Family Home for sale in Lancaster, PA

for $699,900 with 3 bedrooms. This home was built in 1895 on a lot size of 0.14.

Turnkey Income Producing Investment Opportunity! Welcome to 251& 253 E Ross St, a unique rooming house investment opportunity offering multiple streams of rental income. This property features 12 individual rental rooms, 3 one-bedroom units, and 3 shared bathrooms and 2 detached garages between these 2 properties. With the multiple income sources already in place, this property offers investors an opportunity to acquire an established, income producing asset without starting from scratch. Whether you're looking to expand your existing portfolio or add a cash flowing asset to your investment strategy, 251 & 253 E Ross St is an opportunity worth exploring.

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Multi-Family Active

Price

$ 699,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,968

Style

Colonial,Traditional

Lot Size

0.14

Year Built

1895

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2098482

Features
General
Living Area 6600
Sewer Public Sewer
Heating Baseboard - Hot Water Baseboard - Electric
Cooling None
Possession Negotiable Settlement Subject to Existing Lease
Roof Other
Zoning MEDIUM DENSITY
Garage Spaces 2.00
Architectural Style Colonial Traditional
Construction Materials Brick
School District SCHOOL DISTRICT OF LANCASTER
Year Built 1895
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality LANCASTER CITY
Gross Income 120600.00
Accessibility 2+ Access Exits
County LANCASTER
Net Operating Income 99903.00
Operating Expense 20696.00
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 18
Status ACTIVE
Directions Use GPS (251 & 253 E Ross St)
City LANCASTER
Number Of Units Total 2
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 6098.40
Number of Units Leased 15
Tax Annual Amount 11968.0
Property Condition Average
Trash Expense 3775.00
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 106.05
Acceptable Financing Conventional Cash
Avg. Electric Per Month 802.0
Avg. Gas Per Month 136.25
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 472.0
Lease Type Weekly
Standard Status Active
Year Built Source Assessor
Total Actual Rent 120600.00
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Interior
Heating Fuel Electric Natural Gas
Basement Unfinished
Hot Water Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Rear Entry
Type of Parking Detached Garage
Foundation Details Brick/Mortar Stone
Water View Y/N N
Lot Size Acres 0.14
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Public
Land Assessed Value 48400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 251
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* Excluded Features
List By
Keller Williams Elite

Broker

jamie@theclintonteam.com

Email

Affordability Calculator

$5,831
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,834
Monthly Property Taxes
$997
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535657 Elementary School
3534803 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$699,900 Listed Price

Map


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251 & 253 E Ross Street, Lancaster, PA, 17602 is a Multi-Family Home for sale at $699,900 with a lot size of 0.14. 251 & 253 E Ross Street has 3 bedrooms, 0.0 baths, and was built in 1895. The property's zip code is 17602 which is in Lancaster, PA