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Property Description
Completely revitalized and ready for its next chapter, this 9-unit apartment community presents an exceptional opportunity to acquire a great multifamily asset in one of Lancaster County's more desirable rental markets. The property consists of two buildings featuring a mix of spacious apartments, including seven, 1-bedroom units and two, 3-bedroom units, offering an attractive blend of affordability and family-oriented housing. Following extensive renovations and structural improvements, the property is well positioned for great long-term performance. All units except one feature updated finishes and modernized interiors, while the overall improvements significantly reduce deferred maintenance concerns for a new owner. Tenants will appreciate the generous unit layouts, off-street parking, and convenient location within the charming borough of Mount Joy. With 9 off-street parking spaces, strong rental demand in the area, and the opportunity to lease newly improved units at current market rates, this property offers both immediate income potential and long-term appreciation. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment in a high-demand Lancaster County location, this is an opportunity worth serious consideration. Don't miss the opportunity! Note that the seller is working through the final details of lifting the condemnation that was due to structural issues that have been remediated. The property will be delivered with an occupancy permit, fully prepared for occupancy.
Full Property Details
Full Property Details for 101 W Main St
General
- Price: $1,250,000
- Taxes: $10,530 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2089714
- Updated: 6/12/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Luxury Vinyl Plank, Vinyl
Rooms
Bathrooms
- Restrooms: 9
Additional Information
- Security/Safety: Smoke Detector
Parking
- Total Spaces: 9
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: Mt Joy Boro (10545)
- Municipality: MT JOY BORO
- County: LANCASTER
- Driving Directions: GPS
- Location Details: Downtown
School Information
- Elementary School: Donegal
- Middle School: Donegal
- High School: Donegal
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available
Structural Information
- Construction: Frame, Vinyl Siding, Brick
- Foundation: Stone
- Roof: Asphalt, Rubber, Shingle
- Stories/Levels: 3
- Building Size: 7355
- Year Built: 1840
- Year Built Source: Estimated
- Property Condition: Excellent, Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9
Lot Features
- Property View: City
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size Source: Estimated
- Street/Road Desc.: Black Top
- Topography: level
- Zoning: CBD - COMMERCIAL BUSINESS
- Lot Description: Corner, Level, Rear Yard, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $169.95
- For Lease: Yes
- Assessment Year: 2025
- School Tax: $7,546
- City/TownTax: $1,850
- City/TownTax Freq: Annually
- County Tax: $1,133
- County Tax Freq: Annually
- Tax w/Assessment: $389,500
- Tax Amount: $10,530
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All appliances not belonging to tenants.
- Investment: Yes
Listed by Astoria Realty Advisors LLC, Benuel Esh
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Schools
Schools serving 101 W Main St
School District:Donegal School District
| Name | Grades | Distance |
|---|---|---|
Donegal Primary School 1055 Koser Road, Mount Joy, PA 17552 | K-2 | 1 mi |
Donegal Intermediate School 1177 River Road, Marietta, PA 17547 | 3-6 | 3.9 mi |
Donegal Middle School 915 Anderson Ferry Road, Mount Joy, PA 17552 | 7-8 | 1.4 mi |
Donegal Senior High School 1025 Koser Road, Mount Joy, PA 17552 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 W Main St
Date
Details
Price
Change
Source
6/12/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 W Main St
101 W Main Street, Mount Joy, PA 17552 (MLS# PALA2089714) is a Apartment property. 101 W Main Street is currently listed for $1,250,000 and was received on June 12, 2026. Want to learn more about 101 W Main Street? Do you have questions about finding other Apartment real estate for sale in Mount Joy? You can browse all Mount Joy real estate or contact a Coldwell Banker agent to request more information.

