What an opportunity only 2 blocks from the square!! 4 contiguous multifamily properties containing 16 units and 29 parking spaces. Several units have been updated and/or remodeled. 225 E King St operates as a furnished rental. All furniture and decorations convey with the sale. The buildings have a mix of unit sizes and tenant duration. Room to grow in several units. Seller is in the process of completing a few projects on site. Assessment values, tax values, building/lot area are combined totals based off of public records.
Sold for $2,125,000 on 02/28/25
$2,125,000
225-231 E King St, Lancaster, PA 17602
21beds
--baths
13,450sqft
Multi Family
Built in 1870
-- sqft lot
$2,216,000 Zestimate®
$158/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 07:34am
Listed by:
Matthew Koch 717-788-8347,
Keller Williams Elite,
Listing Team: Koch Garpstas Realty Group, Co-Listing Team: Koch Garpstas Realty Group,Co-Listing Agent: David Garpstas 717-208-0253,
Keller Williams Elite
Bought with:
John Stoltzfus, RM425371
Stoltzfus Realty
Source: Bright MLS,MLS#: PALA2059654
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
Heating
- Radiant, Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Dry Wall, Plaster Walls
- Flooring: Hardwood, Luxury Vinyl, Tile/Brick, Laminate
- Has fireplace: No
Interior area
- Total structure area: 13,450
- Total interior livable area: 13,450 sqft
Property
Parking
- Total spaces: 29
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.41 Acres
Details
- Additional structures: Above Grade
- Parcel number: 3323952900000
- Zoning: RESIDENTIAL/COMMERCIAL
- Zoning description: Apartments
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone, Masonry
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 250680
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Bank Portfolio,Conventional,1031 Exchange
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,216,000
2% more+$44,320
With Zillow Showcase(estimated)$2,260,320