NOT LISTED FOR SALE

168 E King St Lancaster, PA 17602

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

Sale Details

Date 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

(717) 299-6000 bmwdon@mail.com Business Marketing Works, Inc. Listed on: 08/21/2017

Last Buyer's Agent

John Stoltzfus

(717) 407-3933 office@stoltzfusrealty.com 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
  • Basement Storage

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

3,920 Sq Ft Lot

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished

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

  • 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

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

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,726 $168,200 $45,300 $122,900
2025 $6,656 $168,200 $45,300 $122,900
2024 $6,656 $168,200 $45,300 $122,900
2023 $6,544 $168,200 $45,300 $122,900
2022 $6,271 $168,200 $45,300 $122,900
2021 $6,137 $168,200 $45,300 $122,900
2020 $6,137 $168,200 $45,300 $122,900
2019 $6,045 $168,200 $45,300 $122,900
2018 $3,587 $168,200 $45,300 $122,900
2016 $5,502 $120,900 $25,200 $95,700
2015 $2,147 $120,900 $25,200 $95,700
2014 $4,802 $120,900 $25,200 $95,700
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

    69 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

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