NOT LISTED FOR SALE

26.5 - 30 S Prince St Lancaster, PA 17603

Downtown Lancaster Neighborhood
-- Bed
-- Bath
7,959 Sq Ft
6,534 Sq Ft Lot

Last Sold April 27, 2016

Last sale price $478,000 $60 Per Sq Ft

23 Days on Market

Highlights

  • 0.15 Acre Lot
  • Radiator
  • 3-minute walk to Steinman Park
  • No HOA

About This Home

As of April 2016

**VERY RARE FIND-16 TOTAL UNITS** Three Multifamily buildings consisting of 15 Apartments and 1 Two Car Garage just 1 1/2 blocks from Penn Square. Featuring (9) Efficiencies, (5) 1 Bedroom, (1) 2 Bedroom units & (1) 2 Car Garage all on 3 separate parcels. Fully leased buildings. Operating Expenses include Mgmt & Maintenance. Owners are PA Licensed Real Estate Brokers. Require minimum 48 hour notice for all showings. **No Sunday Showings**

Last Agent to Sell the Property

Brad Gearhart

City Limits Listed on: 02/01/2016

Last Buyer's Agent

David Yoder

Realty ONE Group Unlimited License #RS176874L

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,021

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Mccaskey East High School

Utilities

  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3342876300000

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $1,533
  • Fuel Expense $9,801
  • Insurance Expense $2,800
  • Maintenance Expense $6,408
  • Manager Expense $7,324
  • Other Expense $750
  • Trash Expense $3,986
  • Operating Expense $37,967
  • Net Operating Income $44,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,021

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 750.00
  • Year Built: 1900
  • Remarks Public: **VERY RARE FIND-16 TOTAL UNITS** Three Multifamily buildings consisting of 15 Apartments and 1 Two Car Garage just 1 1/2 blocks from Penn Square. Featuring (9) Efficiencies, (5) 1 Bedroom, (1) 2 Bedroom units & (1) 2 Car Garage all on 3 separate parcels. Fully leased buildings. Operating Expenses include Mgmt & Maintenance. Owners are PA Licensed Real Estate Brokers. Require minimum 48 hour notice for all showings. **No Sunday Showings**
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished, Walkout Level
  • Street Number Modifier: 26.5 - 30

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Rubber
  • 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 Expense: 1533.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 5365.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 7324.00

Schools

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

Lot Info

  • Land Use Code: TU-469
  • Lot Size Acres: 0.15
  • Property Condition: Good
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057974
  • School Tax: 5458.91
  • Tax Annual Amount: 9020.56
  • Assessor Parcel Number: 3342876300000
  • County Tax Payment Frequency: Annually
  • Close Date: 04/27/2016

Multi Family

  • Fuel Expense: 9801.00
  • Gross Income: 91548.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 37967.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 9

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
04/27/2016 04/27/16 Sold $478,000 -3.4% $60 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $495,000 -- $62 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brad Gearhart

    City Limits

  • David Yoder

    Buyer's Agent in 2016

    David Yoder

    Realty ONE Group Unlimited

    (717) 898-3883

    14 Total Sales

    David Yoder
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Map

Source: Bright MLS

MLS Number: 1002737637

Bright MLS
Pennsylvania Lancaster County Lancaster 17603 Downtown Lancaster

26.5 - 30 S Prince St, Lancaster, PA

This home is located at 26.5 - 30 S Prince St, Lancaster, PA 17603 since 01 February 2016. This property was built in 1900. 26.5 - 30 S Prince St is a home located in Lancaster County with nearby schools including Fulton El School, Reynolds Middle School, and McCaskey High School.

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