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Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,882 sqft
Price per Sqft $199
Subdivision Musser Park
MLS Listing ID PALA2044284
Sold Date 02/05/24
Style Traditional
Bedrooms 5
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,882
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $4,803
Tax Year 2022
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to your next opportunity! Each apartment has undergone significant renovations during current ownership, resulting in a lovely, turn key investment opportunity in one of the most appealing locations in downtown. Upgrades throughout include hardwood floors, updated kitchens and baths, and sensible, spacious living areas.
Apt 1 was a thriving Airbnb, and more recently a furnished mid term rental to abide by recent city regulations. The remaining apartments are occupied by tenants that would love to stay, and opportunity for upside remains in those rent prices. Heat and electricity are seperated, with natural gas radiators providing a highly efficient heat source for tenants. 3 of the apartments have their own laundry facilities, an unusual and highly desirable amenity for affordable apartments.
All of this is located across from the lovely Musser Park, and just a short walk from the wonderful amenities of downtown Lancaster. Many amazing dining destinations, shopping, the arts scene, the nightlife and so much more are at your fingertips in this location.
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. Take this opportunity to own your very own piece of thriving Lancaster!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Main Level Bedrooms 5
Interior
Interior Features Combination Kitchen/Living, Tub Shower, Upgraded Countertops, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood, Luxury Vinyl Plank
Equipment Stainless Steel Appliances, Dryer, Water Heater - High-Efficiency, Washer
Furnishings Partially
Fireplace N
Window Features Double Hung,Double Pane,Vinyl Clad
Appliance Stainless Steel Appliances, Dryer, Water Heater - High-Efficiency, Washer
Heat Source Natural Gas
Laundry Main Floor, Basement, Has Laundry
Exterior
Exterior Feature Porch(es)
Fence Wood
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Asphalt,Rubber
Street Surface Black Top
Accessibility 2+ Access Exits
Porch Porch(es)
Road Frontage City/County
Garage N
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls,Wood Ceilings,Dry Wall
New Construction N
Schools
Elementary Schools Wickersham E.S.
Middle Schools Lincoln M.S.
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Pets Allowed Y
Senior Community No
Tax ID 336-55308-0-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features Fire Detection System
Acceptable Financing Cash, Conventional, FHA
Horse Property N
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with Jennifer Jane Jacoby • Hometown Property Sales Group LLC
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