Property
Lancaster, PA 17603 207 W King Street
$565,000
34 more
Presented By: RE/MAX Pinnacle
SQFT • 2,424
SQFT • 2,424Home Details
ATTENTION ALL INVESTORS, this is your chance to own a property with significant value! This 8-unit mixed-use property features two recently redone efficiency units, five rental rooms that share a bath and kitchen, and a leased commercial space. The property also boasts a newer rubber roof and a shingle roof, ensuring its excellent condition. Location is key for this building, situated on King St, a stone's throw from the center square, close to great restaurants, art galleries, and shopping. You won't want to miss this one.
Make your appointment today.
Presented By: RE/MAX Pinnacle
Interior Features for 207 W King Street
Bathrooms
Total Restrooms8
Other Interior Features
Clear Span Ceiling Height8' to 10'
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas, Electric
Total Stories3
General for 207 W King Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building
Cap Rate9.00
CityLANCASTER
Construction MaterialsBrick
Cool FuelElectric
CoolingDuctless/Mini-Split
CountyLANCASTER
Directions207 W. King St, Lancaster, PA 17602
DisclosuresProp Disclosure
Electric200+ Amp Service
Electric Expense6000.00
Gross Income74220.00
HeatingRadiator, Baseboard - Electric
Insurance Expense3071.00
Location TypeDowntown
Lot Size Square Feet1307.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
MunicipalityLANCASTER CITY
Net Operating Income52196.00
New ConstructionNo
Number Of Units Total8
OwnerPaysElectricity, Sewer, Taxes - Real Estate, Trash Collection, Water, Insurance
OwnershipFee Simple
PossessionSettlement
Possible UseApartments, Office, Mixed Use, Retail
Price Per Sq Ft Total AG233.09
Property ConditionGood
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofRubber
Security FeaturesExterior Cameras
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7803.0
Tax Assessed Value190200.0
Tax Year2025
Total Actual Rent74220.00
Trash Expense1000.00
UtilitiesCable TV
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1860
Year Built SourceAssessor
ZoningCOMMERCIAL - MIXED USE
Exterior for 207 W King Street
Building Area Total2424.00
Car Parking Spaces
Foundation DetailsStone
Land Assessed Value56300.00
Land Use Code574
Lot Dimensions0.00 x 0.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner