PA > Lancaster
Lancaster, PA 17602,225-231 E KING ST
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Lancaster, PA 17602,225-231 E KING ST
Lancaster, PA 17602,225-231 E KING ST
Lancaster, PA 17602,225-231 E KING ST
Lancaster, PA 17602,225-231 E KING ST
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Matt Marino

Matt Marino

+1(215) 896-2171
$ 2,175,000
Est. payment /mo
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225-231 E KING ST Lancaster, PA 17602

13,450 SqFt

UPDATED:

11/05/2024 05:07 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 13,450 sqft

Price per Sqft $161

MLS Listing ID PALA2059588

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $29,190

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Property Description

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 of unit sizes and tenant duration. Room to grow in several units. Seller is in the process of completing a few projects on site.

Assessment values, tax values, building/lot area are combined totals based off of public records

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning COMMERCIAL/RESIDENTIAL

Interior

Hot Water Electric

Heating Radiant, Baseboard - Electric

Cooling None

Flooring Hardwood, Laminated, Luxury Vinyl Plank

Inclusions In unit W/D, Coin operated W/D, Refrigerators

Heat Source Electric

Exterior

Garage Spaces 29.0

Waterfront N

Water Access N

Roof Type Shingle,Rubber

Accessibility None

Parking Type Parking Lot, Private Garage

Total Parking Spaces 29

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 332-39529-0-0000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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

Matt Marino

+1(215) 896-2171

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225-231 E KING ST