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225-231 E KING ST Lancaster, PA 17602
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Key Details
Sold Price $2,125,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 13,450 sqft
Price per Sqft $157
MLS Listing ID PALA2059588
Sold Date 02/28/25
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $29,190
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Five Or More Units
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
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
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Bought with John Stoltzfus • Stoltzfus Realty