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Sold on 10/27/2023

940 Lampeter Rd, Lancaster, PA 17602

$494,000

Last sold 10/27/2023 for $300K

  • —

    bed

  • —

    bath

  • 2,749

    Sqft ($109/Sqft)

Multi-family not for sale
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About 940 Lampeter Rd

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 1.2 Acre
Movoto estimate
Rental estimate
Property description
Amazing potential for this 3 unit property and outbuildings. Note: The Sellers will be maintaining possession of 2 of the 3 outbuildings for approximately 6 years. The Sellers will maintain the properties and provide snow removal for the part of the property they are using. Please contact the listing agent or have your realtor contact the listing agent for precise instructions. The price of this property reflects the 3 unit house and small garage only. The rest of the property will be a bonus at year 6.
Listed by
Listing Agent - Daniel F Parson
Listing Office - RE/MAX Pinnacle
Source: Bright MLS mls logo
MLS#PALA2040520 • last updated 2 years ago
Movoto checked Bright MLS for data 11 minutes ago
Overview
Cooling/AC Window Unit(s), Electric
Heating Natural Gas
Levels/Style Traditional
Type Multi-Family
SubType Triplex
Status Closed
SqFt 2749
Lot Size (SqFt) 52272
Lot Size (Acres) 1.2
County Tax 760, Annually
City/ Town Tax 300
School Tax Annually, 4589
Tax: Assessed Value 261100
Annual Property Tax 5649
Year Built 1900
Condition Below Average, Major Rehab Needed
Municipality WEST LAMPETER TWP
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Partial
Appliances Dryer, Refrigerator, Washer
Interior Features Ceiling Fan(s)
Accessibility Features None
Exterior
Roof Shingle
Foundation Other
Parking Desc Off Street, Driveway
Existing Structures Above Grade, Below Grade, Other
Amenities / Utilities
Sewer/ Septic On Site Septic
Pool No Pool
Security Features Smoke Detector
Location
Water Source Public
High School LAMPETER-STRASBURG
School District LAMPETER-STRASBURG
Directions PA-462 W/E Lincoln Hwy. Turn Left Onto Strasburg Pike. Turn Right Onto Millport Rd. Turn Left Onto Lampeter Rd. Turn Right Onto Morningside Dr. Destination Will Be On The Right.
Zoning RESIDENTIAL
Multifamily Details
# 2-Bedroom Units 3
$494K
Range: $385K-$602K
Last 30 days 
Rental est.: $1,466/month
Gross rent multiplier: 17.1
  • Oct 2023
    Public Records
  • Oct 30, 2023 Sold
    $300,000
  • Oct 2023
    mls logo MLS # PALA2040520
  • Oct 27, 2023 Sold
    $300,000 (-7.7%)
  • Sep 18, 2023 Pending
    —
  • Sep 8, 2023 Listed
    $325,000
  • Year Property taxes Tax assessment
  • 2025
    $5,920 +2.5%
    $261,100
  • 2024
    $5,777 +3.8%
    $261,100
  • 2023
    $5,564
    $261,100
  • 2022
    $5,564 +1.5%
    $261,100
  • 2021
    $5,480
    $261,100
  • 2020
    $5,480 +2.3%
    $261,100
  • 2019
    $5,359 +429.0%
    $261,100
  • 2018
    $1,013 -84.6%
    $261,100
  • 2017
    $6,575 +49.5%
    $261,100 +49.54%
  • 2016
    $4,396 +410.2%
    $174,600
  • 2015
    $862 -74.8%
    —
  • 2014
    $3,424
    —
  • 940 Lampeter Rd
    $300K
  • —
  • 17602
    $299K -3% y/y
  • Lancaster
    $399K +12% y/y
No chart available
Statistics calculated by Movoto

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N/A
Lampeter El School
public Grades K-2
Lampeter-Strasburg School District
6/10
Hans Herr El School
public Grades 3-5
Lampeter-Strasburg School District
7/10
Martin Meylin Middle School
public Grades 6-8
Lampeter-Strasburg School District
8/10
Lampeter-Strasburg Senior High School
public Grades 9-12
Lampeter-Strasburg School District
Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto participates, and is provided by BRIGHT through a licensing agreement.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. Data last updated: 10/6/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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