225-231 E KING ST, Lancaster, PA 17602 - MLS#PALA2059588

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Dec

Mon

Dec

Tue

Dec

Ashley Brosnahan

Long and Foster Real Estate

ashley@bethanybeach-homes.com +1(302) 841-4200

$ 2,175,000

Est. payment | -/mo

13,450 SqFt

Save

$ 2,175,000

Est. payment | -/mo

Save

13,450 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 13,450 sqft

Price per Sqft $161

MLS Listing ID PALA2059588

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $29,190

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Property Description

What an opportunity only 2 blocks from the square!! 4 contiguous multifamily properties containing 16 units and 29 parking spaces. Several units have been updated and/or remodeled. 225 E King St operates as a furnished rental. All furniture and decorations convey with the sale. The buildings have a mix of unit sizes and tenant duration. Room to grow in several units. Seller is in the process of completing a few projects on site.

Assessment values, tax values, building/lot area are combined totals based off of public records

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning COMMERCIAL/RESIDENTIAL

Interior

Hot Water Electric

Heating Radiant, Baseboard - Electric

Cooling None

Flooring Hardwood, Laminated, Luxury Vinyl Plank

Inclusions In unit W/D, Coin operated W/D, Refrigerators

Heat Source Electric

Exterior

Garage Spaces 29.0

Water Access N

Roof Type Shingle,Rubber

Accessibility None

Total Parking Spaces 29

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 332-39529-0-0000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Matthew Joseph Koch • Keller Williams Elite

Ashley Brosnahan

Team Lead | Delaware & Maryland Realtor | RS-RS-0020030

+1(302) 841-4200