154-158 Main Street W , Leola, PA 17540Asking Price of: $495,000

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View full listing details at http://www.hsvtours.com/lid=186636612

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Property Details

Address: 154-158 Main Street W , Leola, PA 17540
Bedrooms: 0
Size: 3,300 square feet
Area: UPPER LEACOCK TWP
School District: CONESTOGA VALLEY
MLS ID: PALA2087744
Status: ACTIVE

Property School Information

School District: CONESTOGA VALLEY

Property Features

Taxes: $5,619
Exterior: Frame,Metal Siding
Lot Size: 0.42 Acres
Lot Dimensions: 0.42 Acre(S)
Heating: Radiator
Fuel Type: Natural Gas
Cooling: Window Unit(s)
Year Built: 1920
Water: Public
Sewer: Public Sewer
Units: 4
Two Bedroom Units: 4
Municipality: UPPER LEACOCK TWP
Accessibility: 2+ Access Exits
Additional Structures: Above Grade
Structure Type: Detached
Total Garage/Parking Spaces: 12

Property information as of Sunday, May 31, 2026 at 5:21 AM America/New_York

Listed By

Agency Name: Bennett Williams Realty, Inc.
Agency Phone: 7178435555

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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