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501 S Prince Street

LANCASTER, PA 17603
  • $299,900
  • STATUS: Pending
  • ON SITE: 24 Days
  • ID#: PALA2051704
Pending
$299,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,092
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1878
County:

School Ratings & Info

School District:

Description

Just hit the market! Do not miss this opportunity! Spacious updated 2 unit Multi-Family property on the South Side in booming Lancaster City! This property has been meticulously maintained by its current owners throughout their ownership, including a full professional renovation of both apartment units down to the studs. The renovation included an all new electrical system and removal of all knob/tube wiring, new HVAC systems and Plumbing systems. The main sewer line has all been fully replaced including the underground section that goes into the street. All drywall, doors, trim, flooring, bathrooms and kitchen were professionally updated. Since the renovation the current tenants have taken great care of both apartments making this a TURN KEY investment opportunity. Heat and electricity are separate and each unit features its own natural gas furnace and electrical panel. Current long term tenants are month to month giving the new owner the opportunity in the future to live in one unit and rent the other unit out. This unique investment property also offers 3 off street parking spaces which are currently provided to the tenants. Based on recent rental comparable's in the area, rents have the potential to be increased. Schedule your showing today!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-22T23:57:04.53.
www.soldbybroc.com/homes/151049542
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501 S Prince Street LANCASTER, PA 17603

  • Price: $299,900
  • Status: Pending
  • On Site: 24 Days
  • ID#: PALA2051704
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,092
SQFT
$143
$/SQFT
1878
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Just hit the market! Do not miss this opportunity! Spacious updated 2 unit Multi-Family property on the South Side in booming Lancaster City! This property has been meticulously maintained by its current owners throughout their ownership, including a full professional renovation of both apartment units down to the studs. The renovation included an all new electrical system and removal of all knob/tube wiring, new HVAC systems and Plumbing systems. The main sewer line has all been fully replaced including the underground section that goes into the street. All drywall, doors, trim, flooring, bathrooms and kitchen were professionally updated. Since the renovation the current tenants have taken great care of both apartments making this a TURN KEY investment opportunity. Heat and electricity are separate and each unit features its own natural gas furnace and electrical panel. Current long term tenants are month to month giving the new owner the opportunity in the future to live in one unit and rent the other unit out. This unique investment property also offers 3 off street parking spaces which are currently provided to the tenants. Based on recent rental comparable's in the area, rents have the potential to be increased. Schedule your showing today!
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Parking Features Asphalt Driveway Parking Types Off StreetOn Street Patio And Porch Features BalconyPorch(es) Pool No Pool Property Condition Excellent Roof Architectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2092 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Exclusions Refrigerators in both unitsAll window units ( Tenant Owned) Fireplace YN No Flooring HardwoodVinyl Heating Forced Air Heating YN Yes Inclusions All owner owned appliances Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Stone Heating Fuel Natural Gas Hot Water Electric Municipality LANCASTER CITY Navigable Water YN N New Construction YN No Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 803103255046 Owner Pays WaterTrash CollectionSewer Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 2928.00 Trash Expense 624.00 Utilities Natural Gas Available Vacation Rental YN No Water Source Public Window Features Replacement Zoning RESIDENTIAL

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-22T23:57:04.53.
 
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The Broc Schmelyun Team | RE/MAX
1147 Eichelberger Street
Hanover PA, 17331