Traditional
501 S PRINCE STREET
LANCASTER , PA 17603
MLS#: PALA2051704
$299,900
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1878
Sq.Footage
2,092
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!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2092.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Balcony
-
Parking
Asphalt, Off Street, On Street
-
Patio and Porch Features
Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$299,900
-
Tax Amount
$2,928
-
Sq. Footage
2, 092
-
Price/SqFt
$143
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
Middle School
High School
Listing Courtesy of Mark Will , Berkshire Hathaway HomeServices Homesale Realty
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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