55 & 57 W Main Street, Leola, PA 17540

$799,000
2,736
SqFt

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Sold Price
$799,000
List Price
$799,000
Closing Date
Mar 06, 2024
Days on Market
56
Status
CLOSED
MLS#
PALA2044390
Living Area
2,736
Lot Size (Acres)
0.67
Style
Colonial, Victorian
Year Built
1912
County
Lancaster
School District
Conestoga Valley

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!

Additional Information

Area
Upper Leacock Twp (10536)
Taxes
$7088
Interior Features
Kitchen - Eat-In, Formal/Separate Dining Room
School District
Conestoga Valley
Elementary School
Leola
Middle School
Conestoga Valley
High School
Conestoga Valley
Fireplaces
1
Flooring
Hardwood
Heating
Forced Air, Heat Pump(s), Hot Water, Radiator
Heating Fuel
Electric, Oil
Cooling
None
Roof
Shingle, Composite, Rubber, Slate
Utilities
Electric Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Elite. Contact:

Selling Office: .