MLS: #PALA2084112, Listed By: mabel hinson, Coldwell Banker Realty, Source:Bright MLS

Under Contract

210 Ruby Street

LANCASTER, PA 17603
Mark as Favorite
Bed 1

Bed

Bath 0

Bath

SqFt2,042

Sqft

Acres0.05

Acre(Lot)

Exceptional Investment Opportunity! Updated Two-Unit Property in Lancaster City's Coveted West End! Unlock immediate income potential with this **fully updated and meticulously maintained** multi-family property, perfectly situated in the highly sought-after West End neighborhood of Lancaster City. excellent walkability, and proximity to downtown amenities, this location ensures high tenant demand! This property has been completely refreshed, offering **turn-key readiness** for investors or owner-occupants looking for substantial rental income. Every unit has received significant updates, ensuring low initial maintenance. * **Unit 1 (First Floor):** A comfortable **1 Bedroom Apartment** featuring an eat-in kitchen, separate living area, and a fully updated bathroom. Rented at $1,350 Parking included. Unit 2 (Second Floor): A spacious **4 Bedroom Apartment** complete with a full updated bathroom, eat-in kitchen, and dedicated living area. rented at $2,400 Two Generous Bedrooms located on the top level, likely utilizing space on both floors for a unique layout. 2 off street parking, tenants pays additional for parking spaces in the back of the home, extra income generation! Complete Updates: All living spaces have been significantly upgraded, including, newly renovated bathrooms, updated kitchens, fresh flooring, new paint, and modern light fixtures. Income Generating: This property is truly ready and delivering immediate cash flow. Investment Appeal: The desirable West End location guarantees strong rental interest and high potential rental rates. Total Rental Income Unit 1: $1,300 / month Unit 2: $2,400 / month Total monthly rent: 1350 + 2400 = 3750 Annual rent: 3750 × 12 = 45,000 Total yearly rental income = $45,000 Operating Expenses Monthly expenses: $50 monthly trash/sewer 50 × 12 = 600 yearly: $1,400 (heat winter months 150$ 3 months 30$ to 40$ summer/spring/fall) Total expenses: 600 + 1,400 = 2,000 Net Operating Income (NOI) 45,000 - 2,000 = 43,000 NOI = $43,000 (mortgage is not included) mortgage: $1,800 monthly Cap Rate Property Value Cap Rate = 12%-12.5% This is a rare chance to acquire a fully renovated multi-family asset in one of Lancaster’s premier residential areas. Minimize your turnover risk and maximize your returns with move-in-ready units! Don't miss the chance to own a prime, income-producing asset in Lancaster's best neighborhood!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $372,000

AD Id : 76079672

MLS Id : PALA2084112

Beds : 1

Lot Size : 0.05 Acre

Living Area Size : 2,042

Year Built : 1910

County : LANCASTER

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 1

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water, Radiant Cooling: None

  • Building Information

    Year Built: 1910 Building Area Total: 2042 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2178

  • Listing Price Information

    Listing Price: $372000

  • Tax Information

    Parcel Number: 338-66840-0-0000 Tax Year: 2025 Annual Tax: $5329

  • Parking Information

    Parking Total: 2 Off Street, Driveway

  • Location Information

    Direction: 9 min 1.9 miles via E Liberty St and College Ave Fastest route, despite the usual traffic Details Preview  10 min 2.1 miles via N Prince St and W Orange St Some traffic, as usual  10 min 2.1 miles via N Duke St and E Orange St Some traffic, as usual WaterSource: Public
Sell a home like this and save $21,821 Find out How

At $182.17 per sq.ft.,this listing is priced below average compared to other multifamily from LANCASTER.

The average multifamily price in LANCASTER is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in LANCASTER County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
413 N Queen Street, Lancaster, PA, 17603 $449,900 6 -- 3,131 3,131 SqFt
514 W Orange Street, Lancaster, PA, 17603 $457,000 4 -- 2,604 2,604 SqFt
526 W James Street, Lancaster, PA, 17603 $469,900 4 -- 2,061 2,061 SqFt
649-651 W Chestnut Street, Lancaster, PA, 17603 $795,000 12 -- 5,390 5,390 SqFt
102 Ruby Street, Lancaster, PA, 17603 $354,900 4 -- 2,379 2,379 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 04/07/2026 @ 01:48

MLS: PALA2084112 LISTED BY: mabel hinson, Coldwell Banker Realty 717-735-8400 SOURCE: Bright MLS

Selling? Save $21,821 when you sell a home like this

Learn More about this Property