101 W MAIN ST
MOUNT JOY, PA 17552
$1,250,000
Number of Units:
4
Type:
Multi-Unit Residential
Listing #PALA2089710
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. Unit 9 is labeled as Unit 10 because the address of that unit is 10 Manheim Street.
Listing Courtesy of: Astoria Realty Advisors LLC (717) 425-6264
Property Features
County:
LANCASTER-PA
Municipality:
MT JOY BORO
Latitude:
40.11081
Longitude:
-76.50678
MLS Area:
Mt Joy Boro (10545)
Directions:
GPS
Has Fireplace:
No
Heating:
Baseboard - Electric
Heating Fuel:
Electric
Cooling:
Window Unit(s), Electric
Floors:
Luxury Vinyl Plank, Vinyl
Water Heater:
Electric
Basement Description:
Partial
Has Basement:
Yes
Total Number of Units:
4
Accessibility:
2+ Access Exits
Style:
Traditional
Stories:
3
Is New Construction:
No
Construction:
Frame, Vinyl Siding, Brick
Foundation:
Stone
Roof:
Asphalt, Rubber, Shingle
Septic or Sewer:
Public Sewer
Electric:
200+ Amp Service
Utilities:
Natural Gas Available, Sewer Available
Security Features:
Smoke Detector
Has Garage:
No
Parking Spaces:
9
Site Description:
Downtown
Lot Features:
Corner, Level, Rear Yard, SideYard(s)
Lot Size in Acres:
0.18
Lot Size in Sq. Ft.:
7,841
Dimensions:
0.00 x 0.00
Zoning:
CBD - COMMERCIAL BUSINESS
Condition:
Excellent, Very Good
Road Description:
Black Top
Has Waterfront:
No
Has Water Access:
No
View Description:
City
School District:
DONEGAL
ListDate:
2026-06-12 00:00:00.0
Possession:
Settlement
Property Type:
RI
Property SubType:
Detached
Year Built:
1840
Status:
Active
Tax Year:
2025
Tax Amount:
$10,530
Ownership Interest:
Fee Simple
Inclusions:
All appliances not belonging to tenants.
Square Feet Source:
Estimated
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
© 2026 Bright MLS - TREND, Central Penn, Keystone. All rights reserved.
© 2026 BRIGHT. All rights reserved.
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 Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. 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. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
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 Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. 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. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at June 18, 2026, 1:24 AM ET
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