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Property Description
Welcome to this wonderful home! The main house is a spacious 7 bedroom, 4,000 square foot home, and includes 3 additional apartments in the carriage house to the rear to generate revenue to offset your expenses, for those desiring to make it their home. If you love historic charm you'll love this home, with it's spacious wraparound porch, slate roof, hardwood floors, and intricate trim work throughout. The lovely kitchen with a sunlit breakfast area, spacious seperate dining room and multiple living spaces with fireplaces make the first floor a wonderful place to spread out and relax. Upstairs, you'll find spacious bedrooms with lots of light, access to a large balcony area, laundry area, and so much space with 6 bedrooms and 2 baths. On to the finished lower level, you'll find a spacious game room that will function perfectly as a getaway space or home theater. The primary house is currently being run as an Airbnb and furnishings/decor are included in the asking price, making this a great property to take over without skipping a beat. Professional management is in place and would be happy to continue. And for investors, the flexible mixed use zoning allows for all kinds of possibilities such as office space, retail, or a day care center. Moving on to the carriage house, the 3, 1 bedroom apartments are currently all occupied providing new owners the opportunity to continue that revenue, or to create a multi-generational living opportunity. Plenty of parking is in place for all , and the spacious backyard features 2 storage areas and plenty of space to entertain and for pets and kiddos to roam. This is a unique opportunity for the right buyer to use an FHA loan with a very low down payment to make the purchase, and create a wonderful, low cost living situation. All of this is in a wonderful location with shopping, dining, and parks a short drive away, and all the amenities of downtown Lancaster also nearby. Don't miss this opportunity!
Full Property Details
Full Property Details for 55 & 57 W Main St
General
- Sold For: $799,000
- Taxes: $7,088 (2022)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2044390
- Added to Site: 782 day(s) ago
Interior
- Interior Features: Kitchen - Eat-In, Formal/Separate Dining Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Hardwood
Exterior
- Porch/Patio/Deck: Balcony, Deck(s), Porch(es)
Parking
- Total Spaces: 7
- Parking Features: Asphalt Driveway, Lighted Parking
- Parking Type: Off Street
Location
- Area: Upper Leacock Twp (10536)
- Municipality: UPPER LEACOCK TWP
- County: Lancaster
- Driving Directions: FROM LANCASTER / RT 23E(NEW HOLLAND PK) INTO LEOLA (TURNS INTO MAIN ST) HOME ON LEFT BETWEEN CONESTOGA AND MAYFIELD DR.
- Location Details: Suburban
School Information
- School District: Conestoga Valley
- Elementary School: Leola
- Middle School: Conestoga Valley
- High School: Conestoga Valley
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Heat Pump(s), Hot Water, Radiator
- Heating Fuel: Electric, Oil
- Water Heater: Electric, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Sewer Available, Water Available
Structural Information
- Architectural Info: Colonial, Victorian
- Architectural Style: Colonial, Victorian
- Structure Type: Detached
- Construction: Brick, Vinyl Siding, Masonry, Stick Built
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Poured Concrete, Full, Outside Entrance, Partially Finished
- Foundation: Permanent
- Roof: Shingle, Composite, Rubber, Slate
- Walls/Ceilings: Dry Wall, Plaster Walls
- Stories/Levels: 0
- Square Feet: 2,736
- Sq. Ft. Source: Estimated
- Living Area: 2,736 Sq. Ft.
- Finished Above Grnd: 2,736 Sq. Ft.
- Year Built: 1912
- Year Built Source: Assessor
- Property Condition: Excellent, Very Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 3
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 1
Unit 4
- Unit Description: Unit 4
- Bedrooms: 7
Additional Structures
- Other Structures: Tenant House
Lot Features
- Lot Size (Acres): 0.67
- Lot Size (Sq. Ft.): 29,185
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 112
- Street/Road Desc.: Black Top
- Lot Features: Road Frontage
- Zoning: RESIDENTIAL, COMMERCIAL
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $292.03
- Assessment Year: 2023
- School Tax: $5,454
- City/TownTax: $601
- City/TownTax Freq: Annually
- County Tax: $1,032
- County Tax Freq: Annually
- Tax w/Assessment: $354,700
- Tax Amount: $7,088
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Gas, Heat, Trash Collection, Taxes - Real Estate
- Landlord Pays: Common Area Maintenance, Gas, Heat, Trash Collection, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2736
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All of tenants belongings in carriage house
- Inclusions: Hot tub, and all furnishings and decor in the main home
Listed by Keller Williams Elite, Benuel Esh
Sold by Hometown Property Sales Group LLC, Jeffrey D Bowman
Get Pre-Approved Today
Schools
Schools serving 55 & 57 W Main St
School District:Conestoga Valley School District
| Name | Grades | Distance |
|---|---|---|
Leola El School 11 School Dr, Leacock-Leola-Bareville, PA 17540 | K-6 | 0.3 mi |
Gerald G Huesken Middle School 2114 Horseshoe Road, Lancaster, PA 17601 | 7-8 | 3.1 mi |
Conestoga Valley Senior High School 2110 Horseshoe Road, Lancaster, PA 17601 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55 & 57 W Main St
Date
Details
Price
Change
Source
3/06/2024
Sold
$799,000
—
MLS
12/14/2023
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
55 & 57 W Main Street, Leola, PA 17540 (MLS# PALA2044390) is a Multi-Family property that was sold at $799,000 on March 06, 2024. Want to learn more about 55 & 57 W Main Street? Do you have questions about finding other Multi-Family real estate for sale in Leola? You can browse all Leola real estate or contact a Coldwell Banker agent to request more information.

