$275,000 Price Analysis    ♡   Lancaster, PA 17603 2 bed None bath 3,160 SqFt ($87/SqFt) 1,742SqFt lot. Built 1880 Listed 2024-04-22, Taxes $6,835 | Ⓧ USDA Ineligible due to location near Lancaster |
Mixed-Use Gem with Lucrative Potential Welcome to this fantastic mixed-use property located a block away from downtown Lancaster City!
* Has Contingent Offer *This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. Commercial Space: The first floor features an unfinished commercial space ready for your vision. With a bit of closing up and personal touches, this area can become the perfect storefront, office or studio space, attracting foot traffic frm the bustling downtown area. Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan.
This modern living space boasts ample natural light, contemporary finishes and a layout designed for comfort and convenience. Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning and a booming local economy makes this investment incredibly promising. Parking Convenience: No need to worry about parking in the city this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike. Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene steps away. Explore local shops, restaurants, entertainment venues and cultural attractions at your leisure. Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showin g today and envision the unlimited possibilities!
Presented by Portia Costello at
Realty One Group Generations.
Property MLS #PALA2049974 from BrightMLS
Dishwasher
Oven - Double
Refrigerator
Heating: Yes
Lot Size Square Feet: 1741
Number of 2 Bedroom Units: 1
Map directions Map directions Map directions Map directionsSource Listing Status: Active Under Contract
County: LANCASTER
Source Property Type: Multi-Family
Area: LANCASTER
Source Neighborhood: LANCASTER
Postal Code Plus 4: 5601
Township: LANCASTER CITY
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $140,100 + $35,600 $175,700 | $6,835 |
| 2022 | $140,100 + $35,600 $175,700 | $6,550 |
| 2021 | $140,100 + $35,600 $175,700 | $6,410 |
| 2020 | $140,100 + $35,600 $175,700 | $6,410 |
| 2019 | $140,100 + $35,600 $175,700 | $6,314 |
| 2018 | $140,100 + $35,600 $175,700 | $7,356 |
| 2017 | $82,800 + $21,400 $104,200 | $4,786 |
| 2016 | $82,800 + $21,400 $104,200 | $4,685 |
| 2015 | $82,800 + $21,400 $104,200 | $4,630 |
| 2014 | $82,800 + $21,400 $104,200 | $4,449 |
| 2013 | $82,800 + $21,400 $104,200 | $4,383 |
| 2012 | $82,800 + $21,400 $104,200 | $4,245 |
| 2011 | $82,800 + $21,400 $104,200 | $4,183 |
| 2010 | $82,800 + $21,400 $104,200 | $4,034 |
| 2009 | $82,800 + $21,400 $104,200 | $3,784 |
| 2008 | $82,800 + $21,400 $104,200 | $3,653 |
$275,000
BrightMLS
Price Changed 2024-06-04
$315,000
BrightMLS
Listing removed 2024-05-09
$0
BrightMLS
Listed 2024-04-22
$325,000
BrightMLS
Listed 2024-04-17
$325,000
BrightMLS
Sold 2020-03-18
$110,000
Public Record
Sold 2017-06-16
$80,000
Public Record
Sold 2014-10-22
$50,000
Public Record
Year Built: 1880
Construction Materials: Masonry
Property Age: 144
Structure Type: Twin/Semi-Detached
Architectural Style: Twin/Semi-Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.