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
Year Built 1890
Annual Tax Amount $7,803
Tax Year 2025
Lot Size 7,841 Sqft
Property Sub-Type Detached
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
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 2.0
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Special Listing Condition Standard