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243-245 N Queen Street

LANCASTER, PA 17603
  • $749,900
  • STATUS: Active
  • ON SITE: 137 Days
  • ID#: PALA2029242
Foreclosure
UPDATED: 63 min ago
$749,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1870
County:

School Information

High School:
School District:

Description

Location...Location...Location! Located in the heart of downtown Lancaster...this well maintained 4 unit apartment building is close to everywhere you want to be in Lancaster. Neighbors to Red Rose Transit Authority, Brooklyn Pizza, Subway and many other restaurants and retail users, this building defines Prime Real Estate! In just a year from now a 12 story and 142 unit luxury apartment building will be standing directly across the street from this building. The project will consists of studio apartments , 1 bedroom and 2 bedroom units priced from $1300-$2000 per month. 243-245 N Queen St consists of 2700 sqft of storefront along with 3 nicely sized and updated apartments that are all occupied. It's not often an income producing property like this hits the market so don't miss your opportunity to be the New Owner!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T06:54:45.683.
www.paulacashion.com/homes/136008551
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243-245 N Queen Street LANCASTER, PA 17603

  • Price: $749,900
  • Status: Active
  • On Site: 137 Days
  • Updated: 63 min ago
  • ID#: PALA2029242
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1870
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
High School:
Mccaskey H.S.
School District:
School District Of Lancaster
Property Description
Location...Location...Location! Located in the heart of downtown Lancaster...this well maintained 4 unit apartment building is close to everywhere you want to be in Lancaster. Neighbors to Red Rose Transit Authority, Brooklyn Pizza, Subway and many other restaurants and retail users, this building defines Prime Real Estate! In just a year from now a 12 story and 142 unit luxury apartment building will be standing directly across the street from this building. The project will consists of studio apartments , 1 bedroom and 2 bedroom units priced from $1300-$2000 per month. 243-245 N Queen St consists of 2700 sqft of storefront along with 3 nicely sized and updated apartments that are all occupied. It's not often an income producing property like this hits the market so don't miss your opportunity to be the New Owner!
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Property Condition Very Good Riparian Rights YN No Roof FlatRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6249.00 Cooling Window Unit(S) Flooring CarpetCeramic TileHardwoodLaminate Plank Heating RadiatorOther Heating YN Yes Net Square Feet 6249.00

Property Features

Acceptable Financing CashConventional Accessibility Features Level Entry - Main Annual Gross Expense 26176.00 Assessment Year 2023 Business Type Apartment BuildingOther/General Retail Central Air YN No Cooling Fuel Electric Cross Street Walnut St Electric 220 Volts Gross Income 69660.00 Heating Fuel Oil Hot Water Oil Insurance Expense 1768.00 Lease Considered YN No Municipality Lancaster City Navigable Water YN N Net Operating Income 43634.00 New Construction YN No Number Of Units Total 4 Operating Expense Includes InsuranceHeating/CoolingSewerWaterTrash Original MLSNumber 802083346390 Owner Pays HeatInsuranceRepairsTaxes - Real EstateSewerWaterTrash Collection Ownership Interest Fee Simple Possession SettlementNegotiable Property Sub Type Mixed Use Sale Type Reo (Real Estate Owned) Sewer Public Sewer Tax Annual Amount 11461.00 Tax Assessment Amount 294600.00 Trash Expense 864.00 Utilities Other Vacation Rental YN No Water Source Public Zoning Commerial

Listing courtesy of Coldwell Banker Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T06:54:45.683.
 
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Paula Cashion | Keller Williams Central Delaware
1671 S. State Street
Dover DE, 19901