NOT LISTED FOR SALE

444 E King St Lancaster, PA 17602

Stevens Neighborhood
-- Bed
-- Bath
1,901 Sq Ft
4,792 Sq Ft Lot

Last Sold August 14, 2017

Last sale price $474,570 $250 Per Sq Ft

Highlights

  • 0.11 Acre Lot
  • Forced Air Heating System
  • Property is in very good condition
  • No HOA
  • Baseboard Heating

About This Home

As of August 2017

Fully Leased-Licensed 8 Unit Apartment Building Featuring (2) 2Br Units, (4) 1Br Units & (2) Efficiency Units. Six have been recently rehabbed with New Kitchens, New Baths & Replacement Windows. Heats were separated in 2010, 2 Units have Gas Furnaces & 6 have Electric Baseboard. Rents need raised when long term tenants move out. Landlord pays Sewer/Water/Trash & Gas Hot Water. Tenants pay Heat, Electric & Gas. Sellers are PA Licensed real Estate Brokers.

Last Agent to Sell the Property

Brad Gearhart

bradgearhart@comcast.net City Limits Listed on: 05/13/2017

Last Buyer's Agent

Brad Gearhart

bradgearhart@comcast.net City Limits Listed on: 05/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Stucco

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 337-72635-0-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $906
  • Fuel Expense $1,272
  • Insurance Expense $1,422
  • Maintenance Expense $4,271
  • Manager Expense $4,271
  • Other Expense $400
  • Trash Expense $840
  • Operating Expense $15,572
  • Net Operating Income $39,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 400.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick, Stucco
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 906.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2190.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 4271.00

Lot Info

  • Lot Size Acres: 0.11
  • Property Condition: Very Good
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4065446
  • School Tax: 3378.05
  • Tax Annual Amount: 5589.95
  • Assessor Parcel Number: 337-72635-0-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 1272.00
  • Gross Income: 61020.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 15572.00
  • 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:

--
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
08/14/2017 08/14/17 Sold $474,570 -3.1% $250 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $490,000 -- $258 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brad Gearhart

    City Limits

See All Agents

Map

Source: Bright MLS

MLS Number: 1002741103

Bright MLS

APN: 337-72635-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

444 E King St, Lancaster, PA

Not Listed for Sale

MultiFamily

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