NOT LISTED FOR SALE
Studio
-- Bath
2,260 Sq Ft
1,307 Sq Ft Lot

Last Sold September 21, 2022

Last sale price $285,000 $126 Per Sq Ft

13 Days on Market

Highlights

  • Traditional Architecture
  • Downtown Location
  • Replacement Windows
  • Balcony
  • Forced Air Heating System

About This Home

As of September 2022

This just may be your next investment. A fully-occupied 4-unit property offering an estimated 9% ROI, numerous updates have occurred in recent years: new roof, windows (2018). 3 units rehabbed (2018-2019); 2 new gas furnaces (2021); new water heater (2 in 2016, 2 in 2019). Some maintenance items remain, priced accordingly. Priced to sell.

Last Agent to Sell the Property

Ron Mummau

(717) 786-1300 cdavis@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #5014222 Listed on: 06/28/2022

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Daniel Ortiz

(855) 450-0442 pabroker@onereal.com Real of Pennsylvania License #ABR004755

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1870

Lot Details

  • 1,307 Sq Ft Lot
  • Downtown Location
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,260 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Dirt Floor
  • Gas Oven or Range

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, management, repairs, sewer, real estate taxes, water
  • Assessor Parcel Number 337-27504-0-0000

Community Details

Overview

  • 4 Units
  • 7Th Ward Subdivision

Building Details

  • Net Operating Income $27,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,486

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator in 343 S Queen 2nd floor
  • New Construction: No
  • Year Built: 1870
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Oven/Range - Gas
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Dirt Floor, Poured Concrete, Unfinished
  • Total Sq Ft: 2260
  • Living Area Sq Ft: 2260
  • Price Per Sq Ft: 130.53
  • Above Grade Finished Sq Ft: 2260
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Black Top
  • Roof: Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Connected
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 3
  • Owner Pays: Insurance, Management, Repairs, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 40560.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2119.00
  • Tax Annual Amount: 3486.00
  • Assessor Parcel Number: 337-27504-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

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

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $285,000 -3.4% $126 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $295,000 -- $131 / Sq Ft
Source: Bright MLS

Tax History

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
2025 $3,700 $93,500 $24,300 $69,200
2024 $3,700 $93,500 $24,300 $69,200
2023 $3,638 $93,500 $24,300 $69,200
2022 $3,486 $93,500 $24,300 $69,200
2021 $3,411 $93,500 $24,300 $69,200
2020 $3,411 $93,500 $24,300 $69,200
2019 $3,360 $93,500 $24,300 $69,200
2017 $2,981 $64,900 $19,700 $45,200
2016 $2,954 $64,900 $19,700 $45,200
2015 $1,152 $64,900 $19,700 $45,200
2014 $2,578 $64,900 $19,700 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2021010

Bright MLS

APN: 337-27504-0-0000

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