540-542 E KING STREET
LANCASTER, PA 17603

$650,000

Number of Units: 4
Type: Multi-Unit Residential
Listing #PALA2059304
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 a mix of unit sizes and a mix of tenant duration. 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.
Listing Courtesy of: Keller Williams Elite (717) 553-2500
Property Features
Location Information
County: LANCASTER
Municipality: LANCASTER CITY
Latitude: 40.03896713
Longitude: -76.2934494
MLS Area: Lancaster City (10533)
Interior Features
Heating: Baseboard - Electric
Heating Fuel: Electric
Cooling: Wall Unit
Water Heater: Electric
Number of 1 Bedroom Units: 0
Number of 2 Bedroom Units: 0
Number of 3 Bedroom Units: 0
Total Number of Units: 4
Exterior Features
Is New Construction: No
Foundation: Other
Septic or Sewer: Public Sewer
Water: Public
Has Garage: Yes
Garage Spaces: 2
Lot Size in Acres: 0.18
Zoning: RESIDENTIAL
Additional Information
ListDate: 2024-10-23 00:00:00.0
Property SubType: Other
Year Built: 1890
Status: Active
Tax Year: 2024
Tax Amount: $7,886


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at November 20, 2024 11:00 PM ET