225-231 E KING STREET

LANCASTER, PA 17602
Square Ft.
13,450
$2,175,000
What an opportunity only 2 blocks from the square!! 4 contiguous multifamily properties containing 16 units and 29 parking spaces. Several units have been updated and/or remodeled. 225 E King St operates as a furnished rental. All furniture and decorations convey with the sale. The buildings have a mix ofRead MoreRead Less
Courtesy of Matthew Koch, Keller Williams Elite [email protected]
Listing Snapshot
Days Online
22
Last Updated
Property Type
Five Or More Units
Square Ft.
13,450
Lot Size
0.41 Acres
Year Built
1870
MLS Number
PALA2059588
30 Days Snapshot Of 17602
$325k
+10%
(avg) sold price
27
-28%
homes sold
18
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
13,450 net sqft, 13,450 total building sqft, Built in 1870, Brick, Masonry, Stone
Cooling
None, None
Expenses
Operating Expense: $65,447, Electric, Insurance, Repair/Maintenance, Sewer, Snow Removal, Trash, Water
Floors
Hardwood, Laminated, Luxury Vinyl Plank
Heating
Electric, Radiant, Baseboard - Electric
Income
Gross Scheduled Income: $250,680, Net Operating Income: $181,955, Apartment Rentals
Lot
17,860 sqft, 0.41 acres
Roof
Shingle, Rubber
Sewer
Public Sewer
Taxes
City/Town Tax: $9,652, City/Town Tax Pymnt Freq: Annually, County Tax: $1,847, County Tax Pymnt Freq: Annually, School Tax: $17,692, Tax Annual Amount: $29,191, Tax Year: 2024
Utilities
Hot Water: Electric
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Matthew Koch
Team Owner | Real Estate Advisor | Marketing Specialist
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