Description
***Downtown Lancaster City Investment Portfolio For Sale*** 2-UNIT 145 E CHESTNUT ST. $524,900., 3-UNIT 152 E WALNUT ST. $449,900., SINGLE 40 N PLUM ST. $214,900., 2-UNIT 241 N FRANKLIN ST. // SOLD, SINGLE 243 N FRANKLIN ST. // SOLD, 3-UNIT + GARAGE 404 W ORANGE ST. // SOLD *** This end-of-row property features a solid brick construction, ensuring durability and low maintenance. Each of the 3 floors has a 1-bedroom unit with full bathroom featuring clawfoot tubs, and a good-sized living room and separate kitchen. Preserved original millwork and custom built-ins throughout. Each floor has backyard access! With a full basement, the possibilities for additional storage or rental space are endless. New Roof 2024 and Whole House Repaint 2020. Situated on a 0.07-acre lot, this property offers off-street parking for up to 5 vehicles (2 on the side and 3 in the back), a significant advantage in maximizing rental income. The traditional architectural style adds character, appealing to a wide range of tenants. Investors will appreciate the potential for strong cash flow in a growing market. With no pool or extensive amenities to maintain, your focus can remain on maximizing returns. The property's strategic location enhances its desirability, making it an ideal addition to your portfolio. Seize this opportunity to invest in a property that combines historical charm with modern potential-your next successful venture awaits!
Details
| MLS # | PALA2087002 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1900 |
| Days On Site | 153 |
| Listing Provided By | Coldwell Banker Realty | Kate Bailey |
Features
| SQ Feet | 3,900 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | 115 RES 3-FAM |
| Acreage | 0.07 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Stone |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7429 |
|---|
Area Information
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17602 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17602) | |
Price: $449,900 low | high Med: $319,900 sqft: 3,900 low | high Med: 1,320 $ / sqft: $115 low | high Med: $242 On site: 153 low | high Med: 11 | |
Market Activity 17602
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Learn More About This Property
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17602 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17602) | |
Price: $449,900 low | high Med: $319,900 sqft: 3,900 low | high Med: 1,320 $ / sqft: $115 low | high Med: $242 On site: 153 low | high Med: 11 | |
