About 564 S Duke St
Investment Opportunity: Fully Rented Storage Units/Garages Seize this rare investment opportunity with a property featuring **five fully-rented storage units/garages**. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers: - **Consistent Cash Flow**: All five units are currently occupied with reliable tenants, ensuring steady monthly income. - **Low Maintenance**: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability. - **Prime Location**: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking. - **Flexible Investment**: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value. With **stable occupancy** and a **high-demand asset type**, this investment property provides immediate returns and future growth potential. Don’t miss your chance to add a solid performer to your portfolio!
Features of 564 S Duke St
MLS® # | PALA2058556 |
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Price | $95,000 |
Bathrooms | 0.00 |
Square Footage | 1,000 |
Acres | 0.03 |
Year Built | 1935 |
Type | Commercial Sale |
Sub-Type | Other |
Status | Active Under Contract |
Community Information
Address | 564 S Duke St |
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Area | Lancaster City (10533) |
City | LANCASTER |
County | LANCASTER-PA |
State | PA |
Municipality | LANCASTER CITY |
Zip Code | 17602 |
Amenities
Utilities | Electric Available |
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Is Waterfront | No |
Interior
Heating | None |
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Cooling | None |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Block |
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School Information
District | SCHOOL DISTRICT OF LANCASTER |
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Additional Information
Date Listed | October 10th, 2024 |
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Days on Market | 7 |
Zoning | RESIDENTIAL |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Elite |
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Contact Info | 7175532500 |