210 Ruby Street Lancaster, PA 17603
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Mabel Hinson

  210 Ruby Street Lancaster, PA 17603

Coming Soon
$349,000 (USD)

Description

Exceptional Investment Opportunity! Updated Two-Unit Property in Lancaster City's Coveted West End!Unlock immediate income potential with this **fully updated and meticulously maintained** multi-family property, perfectly situated in the highly sought-after West End neighborhood of Lancaster City. excellent walkability, and proximity to downtown amenities, this location ensures high tenant demand!This property has been completely refreshed, offering **turn-key readiness** for investors or owner-occupants looking for substantial rental income. Every unit has received significant updates, ensuring low initial maintenance.* **Unit 1 (First Floor):** A comfortable **1 Bedroom Apartment** featuring an eat-in kitchen, separate living area, and a fully updated bathroom. Rented at $1,350 Parking included.Unit 2 (Second Floor): A spacious **4 Bedroom Apartment** complete with a full updated bathroom, eat-in kitchen, and dedicated living area. rented at $2,200Two Generous Bedrooms located on the top level, likely utilizing space on both floors for a unique layout.2 off street parking, tenants pays additional for parking spaces in the back of the home, extra income generation!Complete Updates: All living spaces have been significantly upgraded, including, newly renovated bathrooms, updated kitchens, fresh flooring, new paint, and modern light fixtures.Income Generating: This property is truly ready and delivering immediate cash flow.Investment Appeal: The desirable West End location guarantees strong rental interest and high potential rental rates.Total Rental IncomeUnit 1: $1,350 / monthUnit 2: $2,400 / monthTotal monthly rent:1350 + 2400 = 3750Annual rent:3750 × 12 = 45,000Total yearly rental income = $45,000Operating ExpensesMonthly expenses: $5050 × 12 = 600yearly: $900Total expenses: 600 + 900 = 1,5003Net Operating Income (NOI)45,000 - 1,500 = 43,500NOI = $43,500(mortgage is not included)Cap RateProperty ValueCap Rate = 12.5%This is a rare chance to acquire a fully renovated multi-family asset in one of Lancaster’s premier residential areas. Minimize your turnover risk and maximize your returns with move-in-ready units!Don't miss the chance to own a prime, income-producing asset in Lancaster's best neighborhood!

MLS #:
PALA2084112
Taxes
$5,329(2025)
Lot Size
2,178 SQFT
Type
Multifamily
Year Built
1910
Style
Other
School District
School District of Lancaster
County
Lancaster County

Listed By

Mabel Hinson, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Mar 7 2026 at 5:22 AM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Brick/Mortar
Heating and Cooling
  • Hot Water
  • Radiator
  • None
Basement Information
  • Full
Exterior Features
  • Brick
  • Masonry
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 2,042 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/6/26 21:22