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463 S Prince Street

LANCASTER, PA 17603
  • $315,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: PALA2049974
Price Reduced
$315,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,160
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:

School Ratings & Info

School District:

Description

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. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. 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!

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www.chesapeakebayproperties.com/homes/149767235
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463 S Prince Street LANCASTER, PA 17603

  • Price: $315,000
  • Status: Active
  • On Site: 51 Days
  • MLS #: PALA2049974
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,160
SQFT
$100
$/SQFT
1880
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
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. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. 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!
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Parking Types Parking Lot Pool No Pool Property Condition Very Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3160 Appliances Commercial RangeDishwasherOven - DoubleRefrigerator Cooling None Fireplace YN No Heating Forced AirWall Unit Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Hazel St Existing Lease Type None Foundation Details Other Heating Fuel ElectricNatural Gas Available Hot Water Natural Gas Municipality LANCASTER CITY Navigable Water YN N New Construction YN No Number Of Units Total 2 Number Of Units Vacant 2 Operating Expense 1200.00 Operating Expense Includes TrashInsurance Original MLSNumber 803013443252 Owner Pays WaterTrash Collection Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 6952.00 Trash Expense 1080.00 Utilities Cable TV AvailableElectric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning MIXED-USE Zoning Description Commercial Space on the 1st floor. Apartment on the 2nd floor.

 
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