PA > Lancaster
Lancaster, PA 17603,540-542 E KING ST
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Lancaster, PA 17603,540-542 E KING ST
Lancaster, PA 17603,540-542 E KING ST
Lancaster, PA 17603,540-542 E KING ST
Lancaster, PA 17603,540-542 E KING ST
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Karen Tosco

Karen Tosco

+1(484) 571-2324
$ 620,000
Est. payment /mo
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Price Dropped by $10K

540-542 E KING ST Lancaster, PA 17603

3,528 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,528 sqft

Price per Sqft $175

MLS Listing ID PALA2058990

Originating Board BRIGHT

Year Built 1890

Available Date 2024-10-21

Annual Tax Amount $7,803

Tax Year 2025

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Property Description

Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has 4 , large 1 bedroom apartments. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue. ****There is an additional studio unit currently not being rented that could potentially be licensed and added to the rent roll.*****

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 337-31416-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Matthew Joseph Koch • Keller Williams Elite
agent

Karen Tosco

Team Leader/Realtor | License ID: RS314711

+1(484) 571-2324

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540-542 E KING ST