540-542 E KING ST Active Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17603
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