418 S Prince Street Lancaster, PA $ 220,000
418 S Prince Street
$ 220,000
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418 S Prince Street

Lancaster, PA, 17603
$ 220,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,462

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Multi-Family Home for sale in Lancaster, PA

for $220,000 with 3 bedrooms. This home was built in 1880 on a lot size of 0.05.

Welcome to your next opportunity! Both apartments have undergone significant renovations during current ownership, resulting in a turn key investment opportunity in an appreciating location near downtown. Upgrades throughout include new flooring, updated kitchens and baths, and sensible, spacious living areas. Both apartments are occupied by tenants that would love to stay on, and opportunity for upside remains in current rent prices. Heat and electricity are seperated, with gas forced air furnaces providing an efficient heat source for tenants. Various parks and restaurants are just steps away, and all the amenities of downtown not much further to make this a great location for those looking for convenience in an urban setting. For investors, buy this for the appreciation and cashflow, or for an owner occupant this could make a wonderful opportunity for a low down payment FHA purchase and having a large portion of your living expenses covered. The backyard features plenty of space to create an outdoor haven, and both tenants are nearing the end of their lease terms to allow for a near future move in if desired. Take this opportunity to own your very own piece of thriving Lancaster!

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Multi-Family Pending

Price

$ 220,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,318

Style

Traditional

Lot Size

0.05

Year Built

1880

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2050710

Features
General
Interior Features Entry Level Bedroom 2nd Kitchen Combination Dining/Living
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Utilities Natural Gas Available
Possession Settlement
Roof Shingle Rubber
Exterior Features Play Area
Zoning RES/MIXED USE
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Brick Masonry
Exclusions All of tenant's belongings
Year Built 1880
Electric 100 Amp Service
View City
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Accessibility 2+ Access Exits
County LANCASTER
New Construction N
Property Type Multi-Family
Subdivision Name PRINCE STREET CENTER
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions GPS
City LANCASTER
Buyer Agent Compensation 2.5
Zoning Description Residential & mixed use
Total Units 2
MLS Area Lancaster City (10533)
Lot Size Square Feet 2178.00
Waterfront Y/N N
Number of Units Leased 2
Street Name PRINCE
Tax Annual Amount 2318.0
Home Warranty Y/N N
Property Condition Good Average
Trash Expense 187.00
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total 149.56
Acceptable Financing Cash Conventional FHA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 5
Location Type Urban
Lease Type Month to Month
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Flooring Luxury Vinyl Plank
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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Exterior
Pool No Pool
Lot Features Rear Yard
Water Source Public
Inclusions All appliances
Type of Parking On Street
Foundation Details Stone
Spa N
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.05
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Public
Land Assessed Value 9000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 418
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* Excluded Features
List By
Keller Williams Elite

Broker

benuel@eshassociates.com

Email

Affordability Calculator

$1,655
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,462
Monthly Property Taxes
$193
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4477352 Elementary School
3540406 Middle School
Mccaskey H.S. High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$219,000 Listed Price

Map


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418 S Prince Street, Lancaster, PA, 17603 is a Multi-Family Home for sale at $220,000 with a lot size of 0.05. 418 S Prince Street has 3 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 17603 which is in Lancaster, PA