Homes for sale - 540-542 E KING ST, Lancaster, PA 17603

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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 640,000

Est. payment -/mo

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Price Dropped by $10K

540-542 E KING ST Lancaster, PA 17603

3,528 SqFt

UPDATED:

12/09/2024 04:27 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,528 sqft

Price per Sqft $181

MLS Listing ID PALA2058990

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $7,886

Tax Year 2024

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions 0.00 x 0.00

Property Description

Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has a mix of unit sizes and a mix of tenant duration. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 337-31416-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Matthew Joseph Koch • Keller Williams Elite

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