NOT LISTED FOR SALE

360 E Chestnut St Lancaster, PA 17602

Musser Park Neighborhood
Studio
-- Bath
3,296 Sq Ft
2,178 Sq Ft

Last Sold December 29, 2017

Last sale price $290,000 $88 Per Sq Ft

45 Days on Market

Highlights

  • No HOA
  • Radiator
  • 4-minute walk to Musser Park

About This Home

As of December 2017

Eight-unit multifamily investment opportunity in Lancaster City! (2) 2BR apartment, (1) 1BR apartment and (5) boarding rooms. Great downtown location with reliable occupancy.

Last Agent to Sell the Property

John Thiry

(717) 292-8400 jthiry@thirycommercial.com Thiry Commercial License #RM423648 Listed on: 11/01/2017

Last Buyer's Agent

Kathy Ross

(717) 553-2500 klrw1040@kw.com Keller Williams Elite License #RS327906

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1893

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Stone Siding

Utilities

  • Radiator
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, electricity, all utilities, heat, trash collection, sewer, water
  • Assessor Parcel Number 332-07809-0-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 1 Vacant Unit
  • Gross Income $58,320
  • Net Operating Income $32,017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,578

Year Built

Built in 1893

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Frame, Stone
  • Construction Completed: No
  • Roof: Composite
  • 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: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 72000.00
  • Land Assessed Value: 26600.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: R3 - MEDIUM DENSITY RESID
  • In City Limits: Yes

Rental Info

  • Owner Pays: Taxes - Real Estate, Electricity, All Utilities, Heat, Trash Collection, Sewer, Water
  • Total Actual Rent: 52620.00
  • Units Leased Count: 7
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4056206
  • School Tax: 2786.00
  • Tax Annual Amount: 4578.00
  • Assessor Parcel Number: 332-07809-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 58320.00
  • Vacancy Allowance Rate: 5.00
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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 Prior Sale
12/29/2017 12/29/17 Sold $290,000 -7.9% $88 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $315,000 +57.6% $96 / Sq Ft
06/14/2012 06/14/12 Sold $199,900 0.0% $61 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
06/13/2011 06/13/11 For Sale $199,900 -- $61 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

  • John Thiry

    Seller's Agent in 2017

    John Thiry

    Thiry Commercial

    (717) 292-8470

    7 Total Sales

    John Thiry
    Section Image
  • Kathy Ross

    Buyer's Agent in 2017

    Kathy Ross

    Keller Williams Elite

    (717) 468-7582

    25 Total Sales

    Kathy Ross
    Section Image
  • Chad Hurst

    Seller's Agent in 2012

    Chad Hurst

    Kingsway Realty - Lancaster

    (717) 371-6168

    1 in this area

    158 Total Sales

    Chad Hurst
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000094108

Bright MLS
Pennsylvania Lancaster County Lancaster 17602 Musser Park

360 E Chestnut St, Lancaster, PA

Not Listed for Sale

MultiFamily

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