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Sold for $725,000 on 08/25/23
  • $725,000

    243 N Queen St #245, Lancaster, PA 17603

    5beds
    3baths
    6,249sqft
    Retail
    Built in 1870
    -- sqft lot
    $897,800 Zestimate®
    $116/sqft
    $1,413 Estimated rent

    What's special

    Location...Location...Location! Located in the heart of downtown Lancaster...this well maintained 4 unit apartment building is close to everywhere you want to be in Lancaster. Neighbors to Red Rose Transit Authority, Brooklyn Pizza, Subway and many other restaurants and retail users, this building defines Prime Real Estate! In just a year from now a 12 story and 142 unit luxury apartment building will be standing directly across the street from this building. The project will consists of studio apartments , 1 bedroom and 2 bedroom units priced from $1300-$2000 per month. 243-245 N Queen St consists of 2700 sqft of storefront along with 3 nicely sized and updated apartments that are all occupied. It's not often an income producing property like this hits the market so don't miss your opportunity to be the New Owner!

    Zillow last checked: 7 hours ago

    Listing updated: August 29, 2023 at 01:03pm

    Listed by:

    Lance Lopez 717-917-0362,

    Coldwell Banker Realty

    Bought with:

    Lance Lopez

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PALA2030116MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Radiator, Other, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Water Heater
    Features
    • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 6,249
    • Total interior livable area: 6,249 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Exterior features: Awning(s), Sidewalks
    • Pool features: None
    Lot
    • Size: 3,049 sqft
    Details
    • Additional structures: Above Grade
    • Parcel number: 3367168300000
    • Zoning: COMMERIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Brick
    • Roof: Flat,Rubber
    Condition
    • Very Good
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Lancaster
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 68280

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Income includes: Apartment Rentals, Other
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $897,800
    2% more+ $17,956
    With Zillow Showcase(estimated)
    $915,756