Off-Market Property at 726 N Pine St, Lancaster, PA 17603
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726 N Pine St, Lancaster, PA 17603

$295,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $221 per day and long-term for an average of $1,648 per month, based on similar listings in the area. Estimated short-term cap rate of 6.6%. Estimated long-term cap rate of -1.1%. Come see this vibrant Lancaster City townhome! This delightful townhome nestled in the heart of Lancaster, PA is just a stone's throw from the dynamic energy of Franklin & Marshall College. Picture yourself strolling to a diverse array of restaurants, from cozy cafes to trendy eateries, and exploring unique boutiques and shops. The convenience of nearby amenities ensures that daily errands are a breeze. With 3-bedrooms, 1-bathroom this townhome blends classic city charm with modern comforts. A well-maintained, fenced-in backyard offers a private oasis for relaxation or entertaining. A coveted off-street parking spot in the backyard provides valuable convenience. The close proximity to F&M college, makes this location ideal for college students, or faculty members. Enjoy easy access to local events, art galleries, and community gatherings. This townhome offers the perfect blend of urban convenience and comfortable living, making it an ideal retreat in the heart of a vibrant city.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4273
Bedrooms
3
Bathrooms
1
SQFT
1,160
Furnished
N/A
Year built
1923
Listing Status
Off Market
MLS
PALA2066418

Short-term Rental Potential
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$42,672

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$254

Price/SQFT

Long-term Rental Potential
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$19,776

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,648/mo

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