Open House: May 27, 2026, 12:00 PM - 1:00 PM
Remarks: Please RSVP with the listing agent if you plan to attend so that we can plan accordingly. The property offers off-street parking in the rear. Please park considerately to maximize available space and avoid blocking the driveways. If the lot fills up, on-st

154-158 MAIN ST W
LEOLA, PA 17540

$495,000

Number of Units: 4
Type: Multi-Unit Residential
Listing #PALA2087744
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 Courtesy of: Bennett Williams Realty, Inc. (717) 843-5555
Property Features
Location Information
County: LANCASTER-PA
Municipality: UPPER LEACOCK TWP
Latitude: 40.08634
Longitude: -76.19662
MLS Area: Upper Leacock Twp (10536)
Directions: 154-158 W Main St
Interior Features
Heating: Radiator
Heating Fuel: Natural Gas
Cooling: Window Unit(s), Electric
Water Heater: Natural Gas
Total Number of Units: 4
Accessibility: 2+ Access Exits
Exterior Features
Style: Other
Is New Construction: No
Construction: Frame, Metal Siding
Foundation: Other
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 12
Lot Size in Acres: 0.42
Lot Size in Sq. Ft.: 18,295
Zoning: MIXED USE
Has Waterfront: No
Has Water Access: No
School
School District: CONESTOGA VALLEY
Additional Information
ListDate: 2026-05-11 00:00:00.0
Possession: Settlement
Property Type: RI
Property SubType: Detached
Year Built: 1920
Status: Active
Tax Year: 2026
Tax Amount: $5,619
Ownership Interest: Fee Simple
Square Feet Source: Estimated


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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