$250,000
$269,900
7.4%For more information regarding the value of a property, please contact us for a free consultation.
36, 38, 40 S ARCH ST Lancaster, PA 17603
2,390 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,390 sqft
Price per Sqft $104
Subdivision Cabbage Hill
MLS Listing ID PALA2022362
Style Other
Year Built 1888
Annual Tax Amount $3,433
Tax Year 2021
Lot Size 3,485 Sqft
Property Description
Excellent investment or "house hack" opportunity next to downtown! This building has 3 units, each have their own box number and are set up like town homes with their own small fenced in back yard, basement, and mechanicals. Possible subdivision opportunity here! The current rents are significantly under market Unit #36 is rented at $795, Market rent $1200,Unit# 38 rented at $920 Market rent $1200, Unit #40 rented at $1070 market rent $1350. Seller is also selling. 525 Green St and 35 W Andrew. Everything is occupied and professionally managed. Here's your chance to add to your portfolio and start cash-flowing immediately!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R-4
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Exterior
Water Access N
View Street, City
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Fulton E.S.
Middle Schools Jackson
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Dominic Jones • Realty One Group Generations