NOT LISTED FOR SALE

168 E King St Lancaster, PA 17602

Downtown Lancaster Neighborhood
-- Bed
-- Bath
1,308 Sq Ft
3,920 Sq Ft Lot

Last Sold October 13, 2017

Last sale price $399,000 $305 Per Sq Ft

8 Days on Market

Highlights

  • 0.09 Acre Lot
  • Window Unit Cooling System
  • 5-minute walk to Steinman Park
  • No HOA
  • Baseboard Heating

About This Home

As of October 2017

Fully occupied attractive, 6-Unit, well maintained Apartment bldg. with 5 off-street parking spaces in downtown Central Business District. Tenants pay heat, hot water & unit electric. Parking spaces rent for $55./mo. each. No deferred maintenance, great investment property. See Annual Property Operating Data & Commercial Property Information Sheet under Documents. Please pre-qualify Buyer for a Commercial Financing Investment Property. Buyer of this property will 1st Option to purchase adjacent 162 E. King St. coming to the market soon.

Last Agent to Sell the Property

Don Henry

Business Marketing Works, Inc. Listed on: 08/21/2017

Last Buyer's Agent

John Stoltzfus

Stoltzfus Realty License #RM425371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,614

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32' x 123' x 31' x 124'

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Rubber Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, parking fee, electricity
  • Assessor Parcel Number 333-0498600000

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals, parking
  • Electric Expense $859
  • Insurance Expense $1,970
  • Maintenance Expense $600
  • Other Expense $590
  • Trash Expense $1,200
  • Operating Expense $6,405
  • Net Operating Income $35,981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,614

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 590.00
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Fully occupied attractive, 6-Unit, well maintained Apartment bldg. with 5 off-street parking spaces in downtown Central Business District. Tenants pay heat, hot water & unit electric. Parking spaces rent for $55./mo. each. No deferred maintenance, great investment property. See Annual Property Operating Data & Commercial Property Information Sheet under Documents. Please pre-qualify Buyer for a Commercial Financing Investment Property. Buyer of this property will 1st Option to purchase adjacent 162 E. King St. coming to the market soon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished
  • Street Number Modifier: 168

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 5.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 859.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1068.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 32' x 123' x 31' x 124'
  • Property Attached Yn: Yes
  • Zoning: CENTRAL BUSN
  • Zoning Description: Central Business Dst
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Parking Fee, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057145
  • School Tax: 3416.25
  • Tax Annual Amount: 5613.61
  • Assessor Parcel Number: 333-0498600000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/13/2017

Multi Family

  • Gross Income: 48000.00
  • Income Includes: Apartment Rentals, Parking
  • Metering: Fully Separate
  • Operating Expense: 6405.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $399,000 0.0% $305 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $399,000 -- $305 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Don Henry

    Business Marketing Works, Inc.

    Section Image
  • John Stoltzfus

    Buyer's Agent in 2017

    John Stoltzfus

    Stoltzfus Realty

    (717) 226-0751

    2 in this area

    65 Total Sales

    John Stoltzfus
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005911931

Bright MLS

APN: 333-04986-0-0000

Pennsylvania Lancaster County Lancaster 17602 Downtown Lancaster

168 E King St, Lancaster, PA

This home is located at 168 E King St, Lancaster, PA 17602 since 21 August 2017. This property was built in 1890. 168 E King St is a home located in Lancaster County with nearby schools including King Elementary School, Reynolds Middle School, and McCaskey High School.

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