NOT LISTED FOR SALE
-- Bed
-- Bath
4,127 Sq Ft
2,614 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $450,000 $109 Per Sq Ft

99 Days on Market

Highlights

  • Traditional Architecture
  • Ceramic Tile Flooring
  • Energy-Efficient Windows
  • Balcony
  • Central Air
  • Heat Pump System

About This Home

As of August 2023

Prime Investment Opportunity in downtown Lancaster. 4 spacious units, all currently rented. Convenient location and well maintained. Newer heat pump and roof. Don't miss this opportunity. Gross rental income is $50,000 per year!

Last Agent to Sell the Property

Jake Fisher

Hostetter Realty License #RS325195 Listed on: 02/27/2023

Last Buyer's Agent

Chris Good

Keller Williams Elite License #5012000

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,469

Year Built

  • Built in 1958

Lot Details

  • 2,614

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof
  • Rubber Roof
  • Masonite

Interior Spaces

  • 4,127 Sq Ft Home
  • Insulated Doors
  • Fire and Smoke Detector
  • Stove
  • Basement

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Alley Access
  • Gravel Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Balcony
  • 2,614 Sq Ft Lot

Community Details

  • 4 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 338-67836-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,469

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: all tenant personal items
  • Inclusions: all seller owned appliances
  • New Construction: No
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Carpet, Ceramic Tile
  • Window Features: Energy Efficient
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block, Stone
  • Basement: Yes
  • Total Sq Ft: 4127
  • Living Area Sq Ft: 4127
  • Price Per Sq Ft: 113.64
  • Above Grade Finished Sq Ft: 4127
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 849

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonite
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Alley, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 50000.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3979.00
  • Tax Annual Amount: 6469.00
  • Assessor Parcel Number: 338-67836-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/07/2023

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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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 Change Sq Ft Price
08/07/2023 08/07/23 Sold $450,000 -4.1% $109 / Sq Ft
06/12/2023 06/12/23 For Sale $469,000 0.0% $114 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $469,000 -5.3% $114 / Sq Ft
02/27/2023 02/27/23 For Sale $495,000 +41.4% $120 / Sq Ft
04/13/2022 04/13/22 Sold $350,000 -17.6% $85 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $425,000 -- $103 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2031354

Bright MLS

APN: 338-67836-0-0000