225-231 E KING ST Pending Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17602
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 13,450 sqft
Price per Sqft $161
MLS Listing ID PALA2059588
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $29,190
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Description
What an opportunity only 2 blocks from the square!! 4 contiguous multifamily properties containing 16 units and 29 parking spaces. Several units have been updated and/or remodeled. 225 E King St operates as a furnished rental. All furniture and decorations convey with the sale. The buildings have a mix of unit sizes and tenant duration. Room to grow in several units. Seller is in the process of completing a few projects on site.
Assessment values, tax values, building/lot area are combined totals based off of public records
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMMERCIAL/RESIDENTIAL
Interior
Hot Water Electric
Heating Radiant,Baseboard - Electric
Cooling None
Flooring Hardwood,Laminated,Luxury Vinyl Plank
Inclusions In unit W/D, Coin operated W/D, Refrigerators
Heat Source Electric
Exterior
Garage Spaces 29.0
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Total Parking Spaces 29
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 332-39529-0-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard