$415,000

239 E HIGH ST, Manheim, PA 17545

  • 2,970 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

This solid four-unit brick investment property in the heart of Manheim offers a perfect blend of stability and upside potential. Each apartment features one bedroom and one full bath, with long-term tenants already in place. Every unit includes its own garage bay in the 4-car garage plus an additional parking space — an amenity tenants truly appreciate and that adds long-term rental value. Inside, several units have been updated, while others provide opportunity for light improvements and increased equity. The building has been well-maintained (especially the utility systems) and the current rents are below market, leaving plenty of room for rent growth and stronger returns. Utilities are separately metered, and the property sits on a beautiful street in a convenient location close Manheim’s downtown area. With consistent rental demand in the Manheim market, this property is an excellent addition to any portfolio — whether you’re a seasoned investor or someone looking to start building wealth through real estate. Opportunities like this don’t come up often — strong bones, good tenants, and solid numbers.

Listing Status:
Active
Listing Office:
Lusk & Associates Sotheby's International Realty : 7172919101
Listing Agent:
Daniel Ortiz : 7174507250
MLS ID:
PALA2077934
  • Laundry: Washer In UnitDryer In Unit
  • Basement: UnfinishedFull
  • A/C: None
  • Heating: RadiantElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • Other Structures: Porch
  • General: ConcreteBrickBlock
  • Originating MLS: BRIGHT_MAIN
  • School District: Manheim Central
  • County: LANCASTER-PA
  • Zoning: MULTIFAMILY400-44146-0-0000
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant's personal property.

This listing courtesy of Daniel Ortiz, Lusk & Associates Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Baron Elementary School

123 E Gramby St, Manheim, PA, 17545

Grades PK-4

0.23 miles away

M

Manheim Central Middle School

261 White Oak Rd, Manheim, PA, 17545

Grades 5-8

0.65 miles away

M

Manheim Central High School

400 Adele Ave, Manheim, PA, 17545

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.