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Key Details
Sold Price $445,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $147
MLS Listing ID PALA2057612
Sold Date 10/25/24
Style Other
Abv Grd Liv Area 3,022
Originating Board BRIGHT
Year Built 1887
Annual Tax Amount $7,274
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Great 3-unit investment property! Situated in the very walk-able East End of Lancaster City, just a few blocks from Musser Park, sits this desirable 3-unit apartment building! There are two, 2-bedroom units and one, 1-bedroom unit. This apartment building is conveniently located within blocks of several restaurants, pubs, and other city hot spots.
Fully rented with great young professional tenants. Recent renovations. Units 1 & 3 have updated kitchens, bathrooms, and on-site laundry. Unit two has not been updated as the tenants have been 5 year tenants (otherwise it would have been renovated, as well). However, unit 2 is still very rentable and desirable, as is. Pictures of units 1 & 2 have been uploaded. Unit 3 has been renovated in similar fashion as unit 1. Current month rents total $4,085 per month. Recent city inspection. Owner pays water/sewer, trash, heat (heating system is high efficiency gas boiler system with desirable radiant heat).
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R
Interior
Hot Water Electric
Heating Radiator
Cooling None
Equipment Range Hood, Oven/Range - Electric, Refrigerator
Fireplace N
Appliance Range Hood, Oven/Range - Electric, Refrigerator
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type Off Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 336-48814-0-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with David L White • OwnerEntry.com