NOT LISTED FOR SALE

7 & 11 N Mulberry St Lancaster, PA 17603

Downtown Lancaster Neighborhood
-- Bed
-- Bath
5,444 Sq Ft
3,049 Sq Ft Lot

Last Sold May 08, 2015

Last sale price $291,000 $53 Per Sq Ft

340 Days on Market

About This Home

As of May 2015

Just 2 Blocks from Lancaster Square! Corner of King and Mulberry- Walk to Restaurants, Markets & Shops. This Mixed-Use Property Boasts LOCATION-LOCATION!! A Total of 6 Occupied Units with possible $25k+ Cash Flow. First Floor is Zoned Commercial with 2 Car Garage Dr in the Center. Second Floor is Rental. Square Footage Based on Tax Record.

Last Agent to Sell the Property

Don Spica

(717) 545-4603 don@donspica.com RE/MAX SmartHub Realty License #AB068234 Listed on: 03/26/2014

RE/MAX SmartHub Realty

Last Buyer's Agent

Don Spica

(717) 545-4603 don@donspica.com RE/MAX SmartHub Realty License #AB068234 Listed on: 03/26/2014

RE/MAX SmartHub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,968

Year Built

  • Built in 1875

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 3315643600000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Income includes apartment rentals, laundry, professional offices
  • Electric Expense $447
  • Fuel Expense $892
  • Insurance Expense $2,482
  • Maintenance Expense $1,306
  • Other Expense $31
  • Trash Expense $840
  • Operating Expense $9,850
  • Net Operating Income $27,994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,968

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Other Expense: 31.00
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Composite, Shingle
  • 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: 447.00
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 3852.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.07
  • Zoning: COMM/RES
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4055999
  • School Tax: 3583.02
  • Tax Annual Amount: 5967.51
  • Assessor Parcel Number: 3315643600000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 892.00
  • Gross Income: 43680.00
  • Income Includes: Apartment Rentals, Laundry, Professional Offices
  • Metering: Fully Separate
  • Operating Expense: 9850.00
  • 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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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
05/08/2015 05/08/15 Sold $291,000 -13.1% $53 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
03/26/2014 03/26/14 For Sale $335,000 -- $62 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Spica

    Seller's Agent in 2015

    Don Spica

    RE/MAX

    (717) 545-4603

    1 in this area

    56 Total Sales

    Don Spica
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002731755

Bright MLS
Pennsylvania Lancaster County Lancaster 17603 Downtown Lancaster

7 & 11 N Mulberry St, Lancaster, PA

Not Listed for Sale

MultiFamily

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