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
44
Last Updated
Property Type
Twin Home
Square Ft.
13,450
Lot Size
0.41 Acres
Year Built
1870
MLS Number
PALA2059654
30 Days Snapshot Of 17602
$279k
-11%
(avg) sold price
27
-22%
homes sold
32
+77%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
13,450 sqft living area, Built in 1870, Structure Type: Twin/Semi-Detached, Wall & Ceiling Types: Dry Wall, Masonry, Plaster Walls, 4 units in building, Converted Dwelling, Brick, Stone
Cooling
None, None
Expenses
Operating Expense: $65,447, Insurance, Snow Removal, Trash
Floors
Hardwood, Luxury Vinyl Plank, Tile/Brick, Laminated
Foundation
Stone
Heating
Electric, Radiant, Baseboard - Electric
Income
Gross Income: $250,680, Net Operating Income: $181,955, Apartment Rentals
Lot
17,860 sqft, 0.41 acres
Property
Other Structures: Above Grade, 9 one-bedroom units, 2 single-room units, 5 two-bedroom units
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: $17,962, 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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