NOT LISTED FOR SALE
Studio
-- Bath
6,350 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: October 27, 2020

Last sale price $260,000 $41 Per Sq Ft

78 Days on Market

Highlights

  • 0.11 Acre Lot
  • Wood Flooring
  • Efficiency Studio
  • Traditional Architecture
  • No HOA
  • Window Unit Cooling System

About This Home

As of October 2020

Solid 4 unit on North Queen Street of Lancaster City. This property features one 2 bedroom unit, one 1 bedroom unit, one large efficiency, one efficiency. Tenants pay their own heat and electric. Landlord pays water, sewer, trash and common area electric. All 4 units are fully occupied, 3 of the leases are on month to month. It's very easy to rent and there's never a time with vacancy. 3 new water heaters, some replacment windows, some new flooring. Please see documents for income/expenses. One of the owner is PA licensed realtor. Please give minimum 48 hour notice for showing.

Last Agent to Sell the Property

Nikki Milhoan

(717) 283-3770 tstewart@cavalryrealty.com Cavalry Realty, LLC Listed on: 06/17/2020

Last Buyer's Agent

Nikki Macias

(717) 932-2599 nikkimacias@aol.com Cavalry Realty LLC License #R223217L

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,377

Year Built

  • Built in 1925

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Rubber Roof

Interior Spaces

  • Bathtub with Shower
  • 6,350 Sq Ft Home
  • Efficiency Studio
  • Built-In Range
  • Unfinished Basement
  • Rear Basement Entry

Flooring

  • Wood
  • Carpet

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for electricity, insurance, repairs, sewer, real estate taxes, water, trash collection
  • Assessor Parcel Number 336-39012-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $13,102
  • Net Operating Income $17,006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,377

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All appliances
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Interior Amenities: Carpet, Efficiency, Tub Shower, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Rear Entrance, Unfinished
  • Total Sq Ft: 6350
  • Living Area Sq Ft: 6350
  • Price Per Sq Ft: 44.08
  • Above Grade Finished Sq Ft: 6350
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle, 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127700.00
  • Land Assessed Value: 47100.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: Yes
  • Number Of Units Month To Month: 3
  • Owner Pays: Electricity, Insurance, Repairs, Sewer, Taxes - Real Estate, Water, Trash Collection
  • Total Actual Rent: 30108.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4061152
  • School Tax: 3823.00
  • Tax Annual Amount: 6377.00
  • Assessor Parcel Number: 336-39012-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Income Expense List: Annual Ground Rent
  • Income Includes: Apartment Rentals
  • Operating Expense: 13102.40

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $260,000 -7.1% $41 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $279,900 -- $44 / Sq Ft
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: PALA164890

Bright MLS
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