342-346 W KING STREET

LANCASTER, PA 17603
Square Ft.
5,408
$499,900
Investor Alert - Lancaster City Cash Cow! Fully rented large detached 4 unit apartment building just three blocks from the downtown Lancaster City square! Building consists of two duplexes (separate tax IDs), totaling a whopping 5,408 square feet. The two duplexes have a combined basement, currently operating as a quadruplexRead MoreRead Less
Courtesy of ERIN STEWART, Life Changes Realty Group [email protected]
Listing Snapshot
Days Online
40
Last Updated
Property Type
Single Family Residential
Square Ft.
5,408
Lot Size
0.07 Acres
Year Built
1925
MLS Number
PALA2066358
30 Days Snapshot Of 17603
$344k
+13%
(avg) sold price
56
+16%
homes sold
28
+40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven - Single, Refrigerator, Water Heater
Basement
Partial, Outside Entrance, Interior Access, Unfinished
Building
5,408 sqft living area, Built in 1925, Structure Type: Detached, Wall & Ceiling Types: High, Plaster Walls, 4 units in building, Traditional, Masonry
Cooling
None, None
Doors
Six Panel
Expenses
Operating Expense: $19,000
Exterior Features
Awning(s), Bump-outs, Exterior Lighting, Sidewalks, Street Lights
Floors
Hardwood, Luxury Vinyl Plank, Luxury Vinyl Tile, Solid Hardwood, Vinyl
Foundation
Crawl Space, Permanent
Heating
Electric, Baseboard - Electric
Income
Gross Income: $54,035, Gross Scheduled Income: $48,360, Apartment Rentals
Interior Features
Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Dining Area, Entry Level Bedroom, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Upgraded Countertops
Lot
3,049 sqft, 0.07 acres, Corner
Parking
Public, Unassigned
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 4, Unit 3, Outdoor Living Structures: Porch(es), Deck(s), View: City, Street, 1 one-bedroom unit, 2 three-bedroom units
Roof
Architectural Shingle, Asphalt, Flat, Pitched, Rubber, Shingle
Sewer
Public Sewer
Taxes
City/Town Tax: $2,553, City/Town Tax Pymnt Freq: Annually, County Tax: $588, County Tax Pymnt Freq: Annually, School Tax: $4,852, School Tax Pymnt Freq: Annually, Tax Annual Amount: $7,993, Tax Year: 2023
Utilities
Electric Service: 100 Amp Service, Hot Water: Electric, Natural Gas, Water Avg / Month: 297.0, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available
Windows
Bay/Bow, Double Hung, Replacement, Sliding, Transom, Vinyl Clad, Wood Frame
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