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Listed by Matthew Joseph Koch • Keller Williams Elite

$599,900

Est. payment - /mo

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2,352 SqFt

Price Dropped by $10K

540-542 E KING ST Lancaster, PA 17603

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Rob Hoesterey

rob@hoestereygroup.com +1(302) 743-1063

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $255

MLS Listing ID PALA2059304

Style Other

Abv Grd Liv Area 2,352

Year Built 1890

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 Detached

Source BRIGHT

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 one 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 R3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Fireplace N

Heat Source Electric

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 2.0

Water Access N

Accessibility None

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

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

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Rob Hoesterey

Agent | License ID: RS0025359

+1(302) 743-1063

540-542 E KING ST Lancaster, PA 17603

Rob Hoesterey

Key Details

Location

Interior

Exterior

Building

Schools

Others

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540-542 E KING ST