Just hit the market! Do not miss this opportunity! Spacious updated 2 unit Multi-Family property on the South Side in booming Lancaster City! This property has been meticulously maintained by its current owners throughout their ownership, including a full professional renovation of both apartment units down to the studs. The renovation included an all new electrical system and removal of all knob/tube wiring, new HVAC systems and Plumbing systems. The main sewer line has all been fully replaced including the underground section that goes into the street. All drywall, doors, trim, flooring, bathrooms and kitchen were professionally updated. Since the renovation the current tenants have taken great care of both apartments making this a TURN KEY investment opportunity. Heat and electricity are separate and each unit features its own natural gas furnace and electrical panel. Current long term tenants are month to month giving the new owner the opportunity in the future to live in one unit and rent the other unit out. This unique investment property also offers 3 off street parking spaces which are currently provided to the tenants. Based on recent rental comparable's in the area, rents have the potential to be increased. Schedule your showing today!
Sold
$290,000
501 S Prince St, Lancaster, PA 17603
5beds
2baths
2,092sqft
Townhouse
Built in 1878
-- sqft lot
$351,400 Zestimate®
$139/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2024 at 09:55am
Listed by:
Mark Will 717-735-3865,
Berkshire Hathaway HomeServices Homesale Realty,
Listing Team: Mark Will Team, Co-Listing Agent: Christian Will 717-271-9540,
Berkshire Hathaway HomeServices Homesale Realty
Bought with:
Courtney Longenecker, RS347971
Coldwell Banker Realty
Source: Bright MLS,MLS#: PALA2051704

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Hardwood, Vinyl
- Windows: Replacement
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
Property
Parking
- Parking features: Asphalt, Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch
- Exterior features: Balcony
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3348961300000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
- Roof: Architectural Shingle
Condition
- Excellent
- New construction: No
- Year built: 1878
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Services availability

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