320 W KING ST Pending

Lancaster,PA 17603

$ 850000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PALA2058588

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,266

Tax Year 2024

Lot Size 3,485 Sqft

Acres 0.08

Property Description

Prime income producing opportunity with this 6-unit investment property in the heart of Lancaster City. Featuring a mix of 1, 2, and 3-bedroom units, the property provides a diverse rental appeal. Each unit has its own electric panel and water heater for efficient management. Additionally, the basement offers rentable storage units to generate extra income. The property is lead safe certified and includes new windows, doors, gutters, fresh paint inside and out and includes all new common area luxury vinyl plank flooring. Conveniently located downtown, this property offers proximity to schools, restaurants, healthcare, shopping, parks, and more!

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Hot Water,Radiator

Cooling None

Flooring Laminated,Vinyl

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 338-32166-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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