154-158 MAIN ST W, Leola, PA 17540

• 3,300 sqft

Property Description

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Listing Status:

Pending

Data Last Updated:

June 23, 2026 at 3:16AM

Listing Office:

Bennett Williams Realty, Inc. : 7178435555

Listing Agent:

Joshua Miller : 7173836647

MLS ID:

PALA2087744

Interior

• A/C: Window Unit(s)
• Heating: RadiatorNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Above Grade
• Style: Other

Construction

• General: FrameMetal SidingOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: CONESTOGA VALLEY
• County: LANCASTER-PA

Lot

• Zoning: MIXED USE5619

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN