NOT LISTED FOR SALE

240 E King St Lancaster, PA 17602

Mussertown Neighborhood
-- Bed
-- Bath
4,699 Sq Ft
5,663 Sq Ft Lot

Last Sold April 04, 2016

Last sale price $670,000 $143 Per Sq Ft

157 Days on Market

Highlights

  • 0.13 Acre Lot
  • No HOA
  • Outdoor Storage

About This Home

As of April 2016

A rare opportunity to own a large multi-family property in the heart of Lancaster City. 15 Units with great cash flow.Recently renovated items include: New Roof(w/warranty), update electric tenant paid heat in each unit, rebuilt balcony and fire escapes, exterior paint, new windows, new electric water heaters for each unit.

Last Buyer's Agent

Philip Nissley

(717) 278-8391 philipnissley@outlook.com Hostetter Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,821

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 148' x 44' x 110' x 58'

Home Design

  • Frame Construction
  • Stone Siding

Outdoor Features

  • Outdoor Storage

Schools

  • Mccaskey Campus High School

Utilities

  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3336027000000

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,821

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished

Exterior Features

  • Construction Materials: Frame, Stone
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 148' x 44' x 110' x 58'
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4057441
  • School Tax: 5943.29
  • Tax Annual Amount: 9820.97
  • Assessor Parcel Number: 3336027000000
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $670,000 -6.9% $143 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $719,900 -- $153 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Buyer's Agent in 2016

    Philip Nissley

    Hostetter Realty LLC

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Map

Source: Bright MLS

MLS Number: 1002736855

Bright MLS

APN: 333-60270-0-0000

Pennsylvania Lancaster County Lancaster 17602 Mussertown

240 E King St, Lancaster, PA

Not Listed for Sale

MultiFamily

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