12 - 14 S QUEEN ST
LANCASTER, PA 17603
$895,000
Number of Units: 4
Type: Multi-Unit Residential

Listing #pala2064750
Discover a unique investment opportunity in the heart of Lancaster. This well-maintained 4-unit property features two spacious 2-bedroom apartments and two commercial spaces, all occupied by long-term tenants. Apt 1 rents for $1,200 Apt #2 rents for $1,200. Tenants own ALL appliances. Apartments have hot water heat with window a/c units. First National Bank has an ATM and rents for $1,916. Jackson Hewett Tax Service rents for $1,725. The commercial units have mini splits with a/c. This property offers consistent rental income with reliable, long-term tenants. The apartments and commercial spaces are well-maintained, making it an ideal addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a versatile property in a prime location with high visibility located across from the Lancaster County Convention Center. Contact us today to schedule a viewing and explore the potential of this exceptional investment!
Listing Courtesy of: Kingsway Realty - Ephrata (717) 733-4777
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.0373764
Longitude: -76.30580902
MLS Area: Lancaster City (10533)
Directions: 222S into Lancaster (becomes S. Prince St). L on W. Vine St. L on S. Queen. Property on left.
Has Fireplace: No
Heating: Hot Water
Heating Fuel: Natural Gas, Electric
Cooling: Window Unit(s), Ductless/Mini-Split, Electric
Floors: Hardwood, Laminate Plank
Water Heater: Electric
Basement Description: Full
Has Basement: Yes
Total Number of Units: 4
Accessibility: None
Style: Traditional
Is New Construction: No
Construction: Brick
Exterior: Fire Escape
Foundation: Permanent, Stone
Roof: Rubber
Septic or Sewer: Public Sewer
Has Garage: No
Site Description: Downtown
Lot Size in Acres: 0.05
Lot Size in Sq. Ft.: 2,178
Dimensions: 0.00 x 0.00
Zoning: CENTRAL BUSINESS
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2025-02-25 00:00:00.0
Possession: Settlement
Property Type: RI
Property SubType: Detached
Year Built: 1915
Status: Active
Tax Year: 2025
Tax Amount: $13,077
Ownership Interest: Fee Simple
Square Feet Source: Estimated
$ 4,178 per month
30 Year Fixed. 3.525% Interest Rate.
Principal + Interest: | $ 3,225 |
Monthly Tax: | $ 745 |
Monthly Insurance: | $ 208 |

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at April 10, 2025, 12:06 AM ET
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