Patterson-Schwartz Real Estate320 W King Street, Lancaster, PA 17603-3724 $850,000
Interior Sq. Ft: 5,184
Acreage: 0.08
Age:104 years
Taxes: $7,266
Design/Type:
Detached
Description
Prime income producing opportunity with this 6-unit investment property in the heart of Lancaster City. Featuring a mix of 1, 2, and 3-bedroom units, the property provides a diverse rental appeal. Each unit has its own electric panel and water heater for efficient management. Additionally, the basement offers rentable storage units to generate extra income. The property is lead safe certified and includes new windows, doors, gutters, fresh paint inside and out and includes all new common area luxury vinyl plank flooring. Conveniently located downtown, this property offers proximity to schools, restaurants, healthcare, shopping, parks, and more!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Radiator Heating, Natural Gas, None, None, Public Water, Public Sewer, 200+ Amp Service
Garage/Parking
On Street
Interior
Full Basement, Unfinished Basement, Laminated Flooring, Vinyl Flooring, 9'+ Ceilings, Dry Wall, Masonry, Paneled Walls, Plaster Walls, Replacement Windows, Surveillance Sys
Exterior
Concrete Perimeter Foundation, Rubber Roof, Brick Exterior, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (26 schools)
Public Middle (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Reynolds Middle School | Lancaster School District | 6–8 | Lancaster | 0.52 mi |
| Wheatland Middle School | Lancaster School District | 6–8 | Lancaster | 0.93 mi |
| Jackson Middle School | Lancaster School District | 6–8 | Lancaster | 1.01 mi |
| Lincoln Middle School | Lancaster School District | 6–8 | Lancaster | 1.54 mi |
| Manor Middle School | Penn Manor School District | 7–8 | Lancaster | 4.14 mi |
| Landis Run Intermediate School | Manheim Township School District | 5–6 | Lancaster | 4.35 mi |
| Manheim Township Middle School | Manheim Township School District | 7–8 | Lancaster | 4.7 mi |
| Gerald G Huesken Middle School | Conestoga Valley School District | 6–8 | Lancaster | 4.79 mi |
| Centerville Middle School | Hempfield School District | 7–8 | Lancaster | 4.83 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Phoenix Academy | Lancaster School District | 6–12 | Lancaster | 0.84 mi |
| La Academia Partnership Charter School | La Academia Partnership Charter School | 6–12 | Lancaster | 0.86 mi |
| McCaskey Campus | Lancaster School District | 9–12 | Lancaster | 1.34 mi |
| Penn Manor High School | Penn Manor School District | 9–12 | Millersville | 3.22 mi |
| Lancaster County CTC-Willow St Campus | Lancaster County CTC | 9–12 | Willow Street | 4.33 mi |
| Manheim Township High School | Manheim Township School District | 9–12 | Lancaster | 4.57 mi |
| Conestoga Valley Senior High School | Conestoga Valley School District | 9–12 | Lancaster | 4.89 mi |
Private (20 schools)
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This report is a detailed community overview for Lancaster (17603), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 23
- Average salary of people in this community: $41,417
Community Summary
- Population Density (ppl / mile): 2,128
- Household Size (ppl): 2.47
- Households w/ Children: 58%
Housing Inventory
- Owned: 14,354 (53.7%)
- Rented: 10,900 (40.8%)
- Vacant: 1,453 (5.4%)
- Total: 26,707
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.0%
- Some High School: 9.7%
- High School Graduate: 32.2%
- Some College: 16.2%
- Associate Degree: 7.8%
- Bachelor's Degree: 19.2%
- Graduate Degree: 10.8%
Income by dollar range
Median Income: $55,067
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $654
- One Bedroom: $765
- Two Bedroom: $1,039
- Three Bedroom: $1,177
- Four Bedroom: $1,282
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6089
Listing Courtesy of: Berkshire Hathaway HomeServices Homesale Realty , (800) 383-3535, leadcenter@homesale.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/18/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
