PA > Lancaster
Lancaster, PA 17603,540-542 E KING ST
Lancaster, PA 17603,540-542 E KING ST
Lancaster, PA 17603,540-542 E KING ST
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Petena Thomas

Petena Thomas

+1(202) 427-2444
$620,000
Est. payment /mo
3,528 SqFt
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UPDATED:

03/11/2025 02:12 AM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,528 sqft

Price per Sqft $175

MLS Listing ID PALA2058990

Originating Board BRIGHT

Year Built 1890

Available Date 2024-10-21

Annual Tax Amount $7,803

Tax Year 2025

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Property Description

Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has a mix of unit sizes and a mix of tenant duration. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 337-31416-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Matthew Joseph Koch • Keller Williams Elite
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"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."

+1(202) 427-2444

petena@jasonmartingroup.com

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540-542 E KING ST