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

Lancaster, PA, 17602
$ 699,900
Bedrooms-- Baths-- Sq 6,600

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

Commercial Property for sale in Lancaster, PA

for $699,900. This 6,600 square foot building was built in 1910 on a lot size of 0.14.

Turnkey Income-Producing Investment Opportunity! Welcome to 251 & 253 E Ross Street, a unique rooming house investment property offering multiple streams of rental income. This property features 12 individual rental rooms, 3 one-bedroom units, and 3 shared bathrooms, along with two detached two-car garages providing additional rental income. With 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 Street is an opportunity worth exploring!

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Commercial Active

Price

$ 699,900

Property Type

Commercial

Taxes

$ 11,968

Style

Apartment Building

Lot Size

0.14

Year Built

1910

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2098356
Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 3
Entry Level 1
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General
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hot Water
Cooling None
Possession Settlement Subject to Existing Lease
Roof Other
Zoning R-3
Construction Materials Brick
Year Built 1910
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality LANCASTER CITY
Gross Income 120600.00
Business Type Apartment Building Other
Accessibility 2+ Access Exits
County LANCASTER
Operating Expense 20696.00
New Construction N
Property Type Commercial Sale
Possible Use Apartments Residential
Water Access Y/N N
Status ACTIVE
Directions Use GPS (251 & 253 E Ross St)
City LANCASTER
Number Of Units Total 15
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 6098.40
Tax Annual Amount 11968.0
Electric Expense 9626.00
Property Condition Average
Trash Expense 3775.00
Price Per Sq Ft Total AG 210.31
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Total Actual Rent 120600.00
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Exterior
Parking Features Private
Water Source Public
Type of Parking On Street Private Garage
Water View Y/N N
Building Area Total 3328.00
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2026$699,900 Listed Price

Map

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251 & 253 E Ross Street, Lancaster, PA, 17602 is a Commercial Property for sale at $699,900 with 6,600 sqft and a lot size of 0.14. 251 & 253 E Ross Street was built in 1910. The property's zip code is 17602 which is in Lancaster, PA

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