NOT LISTED FOR SALE

352 E New St Lancaster, PA 17602

Ross Neighborhood
Studio
-- Bath
4,392 Sq Ft
3,049 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $295,000 $67 Per Sq Ft

149 Days on Market

About This Home

As of September 2016

Unique 6 unit building consists of 4 one BR apartments,860 SF Laundromat which is operated by building owner, and a vacant 720 SF restaurant. Restaurant and Laundromat equipment available for sale. Plenty of opportunities to increase revenue.

Last Agent to Sell the Property

Patrick Trimble

(717) 475-0955 patrick@teamtrimble.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 02/29/2016

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Brian Setlock

(717) 380-4171 brian@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,186

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28x113x28x112
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Basement

  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • James Buchanan Elementary School
  • Abraham Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 336-64423-0-0000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Income includes apartment rentals, laundry, professional offices
  • Electric Expense $1,711
  • Fuel Expense $4,188
  • Insurance Expense $5,182
  • Maintenance Expense $11,504
  • Other Expense $1,186
  • Trash Expense $1,126
  • Operating Expense $28,042
  • Net Operating Income $25,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,186

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Other Expense: 1186.00
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance

Exterior Features

  • Construction Materials: Block, Brick, Frame
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Asphalt
  • 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 Expense: 1711.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3145.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: JAMES BUCHANAN
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: ABRAHAM LINCOLN

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 28X113X28X112
  • Property Condition: Good
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 4382.86
  • Tax Annual Amount: 7186.36
  • Assessor Parcel Number: 336-64423-0-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 4188.00
  • Gross Income: 60326.00
  • Income Includes: Apartment Rentals, Laundry, Professional Offices
  • Operating Expense: 28042.00
  • 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

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $295,000 -10.6% $67 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $329,900 -- $75 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Trimble

    Seller's Agent in 2016

    Patrick Trimble

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 475-0955

    2 in this area

    199 Total Sales

    Patrick Trimble
    Section Image

  • B

    Buyer's Agent in 2016

    Brian Setlock

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 380-4171

    22 Total Sales

    Brian Setlock
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002737805

Bright MLS
Pennsylvania Lancaster County Lancaster 17602 Ross

352 E New St, Lancaster, PA

Not Listed for Sale

MultiFamily

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