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11 Spruce St 7 Unit Apartment Building $1,374,294 CAD ($196,328 CAD/Unit) Mountville, PA 17554
Executive Summary
11 Spruce St presents a rare opportunity to acquire a 7-unit multifamily asset in Mountville Borough, Lancaster County. Originally constructed in 1920 as a
wallpaper factory, the property was later converted into large townhome-style apartment units, offering spacious, 3- and 4-story loft-style layouts that provide
tenants with a unique option in the submarket.
The building totals approximately 17,500 square feet and features three (3) 2-bedroom / 2.5-bath units and four (4) 2-bedroom / 2-bath units, each with in-
unit laundry, individual hot water tanks, and separately metered utilities for gas and electric. Units feature original hardwood flooring, tile kitchens, and high
ceilings, combining historic character with functional layouts.
The property is located in a quiet residential neighborhood adjacent to Veterans Memorial Park and just minutes from Route 30, providing convenient access to Lancaster, York, and surrounding employment centers.
With off-street parking, strong rental demand, and one unit currently vacant,the property presents an opportunity for investors to capture immediate upside
in a desirable Lancaster County submarket.
wallpaper factory, the property was later converted into large townhome-style apartment units, offering spacious, 3- and 4-story loft-style layouts that provide
tenants with a unique option in the submarket.
The building totals approximately 17,500 square feet and features three (3) 2-bedroom / 2.5-bath units and four (4) 2-bedroom / 2-bath units, each with in-
unit laundry, individual hot water tanks, and separately metered utilities for gas and electric. Units feature original hardwood flooring, tile kitchens, and high
ceilings, combining historic character with functional layouts.
The property is located in a quiet residential neighborhood adjacent to Veterans Memorial Park and just minutes from Route 30, providing convenient access to Lancaster, York, and surrounding employment centers.
With off-street parking, strong rental demand, and one unit currently vacant,the property presents an opportunity for investors to capture immediate upside
in a desirable Lancaster County submarket.
Property Facts
| Price | $1,374,294 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $196,328 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 7 | Building Size | 17,500 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/1990 |
| Zoning | RC - Residential-Commercial districts designed for mixed-use, though specific zoning districts, such as CMX-1 | ||
| Price | $1,374,294 CAD |
| Price Per Unit | $196,328 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 17,500 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1920/1990 |
| Zoning | RC - Residential-Commercial districts designed for mixed-use, though specific zoning districts, such as CMX-1 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 470-93894-0-0000 | Improvements Assessment | $365,899 CAD |
| Land Assessment | $45,995 CAD | Total Assessment | $411,894 CAD |
Property Taxes
Parcel Number
470-93894-0-0000
Land Assessment
$45,995 CAD
Improvements Assessment
$365,899 CAD
Total Assessment
$411,894 CAD
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