$325,000
●
Multifamily -
For Sale
463 S PRINCE ST
LANCASTER, PA 17603
Studio
0 Bath
$1,596
Estimated Monthly
$0
HOA / Fees
About This Property
🏢 Mixed-Use Gem with Lucrative Potential 🏢
Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting.
🛍️ Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area.
🏡 Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience.
💰 Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising.
🚗 Parking Convenience: No need to worry about parking in the city – this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike.
🌆 Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure.
Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting.
🛍️ Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area.
🏡 Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience.
💰 Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising.
🚗 Parking Convenience: No need to worry about parking in the city – this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike.
🌆 Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure.
Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
Unit Size
-
Days on Market
13 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$579
HOA Dues
-
Year Built
1880
Listed By
Last updated: 13 days ago (Bright MLS #PALA2048374)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 17, 2024 | Listed by Realty One Group Generations | $325,000 | |
Listed by Realty One Group Generations | |||
Apr 16, 2024 | Price Increased |
$325,000
↑ $25K
(8.3%)
|
|
Price Increased | |||
Apr 16, 2024 | Price Increased |
$300,000
↑ $190K
(172.7%)
|
|
Price Increased | |||
Mar 18, 2020 | Sold to Paul Costello Jr | $110,000 | |
Sold to Paul Costello Jr |
Property Highlights
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor
Building Information
Foundation Details: Other
Other Structures: Above Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $175,700
Financial Details
County Tax: $511
County Tax Payment Frequency: Annually
City Town Tax: $2,220
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $175,700
Tax Year: 2022
Tax Annual Amount: $6,952
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Wall Unit
Cooling Fuel: Electric
Heating Fuel: Electric, Natural Gas Available
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
4
Beds
3
Baths
1,870 ft²
$158/ft²
$295,000
Oct 30, 2023
$295,000
Mar 15, 2024
-
Sold
House
4
Beds
2
Baths
1,708 ft²
$170/ft²
$290,000
Mar 13, 2023
$290,000
May 1, 2023
-
Sold
House
4
Beds
2
Baths
1,579 ft²
$174/ft²
$275,000
Mar 14, 2023
$275,000
Apr 21, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/24/2020
|
|
Studio
|
-
|
-
|
$135,700
Studio
-
|
$110,000
-18.94%
03/18/2020
|
Nikki Macias
|
Building Info
463 South Prince Street
463 South Prince Street, Lancaster, PA 17603
- 1 Unit for Sale