Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has a mix of unit sizes and a mix of tenant duration. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue.
Prime opportunity this 2 unit corner property located in Lancaster city use to have a a small business downstairs , 2 bedroom apartment upstairs with its own private entrance tenant has been there 3* years month to month lease she would like to stay is possible. Beautiful tree lined street close to McCaskey High School this property has endless possibilities. Newer A/C units, Brand new gas meters installed. Book your showing today and put your thoughts and dreams into action, Was a nail salon for approximately 15-20 years last occupied by as a Aesthetician. Currently the downstairs store front is vacant.
Solid 2 unit plus a garage in NE Lancaster City with coin-op laundry to provide additional income. Efficient natural gas heat, some replacement windows. Both units have long-term tenants that would love to stay. Units could use some cosmetic updating. Schedule your showing today!
The median home value in Lancaster, PA is $171,000. This is lower than the county median home value of $299,400. The national median home value is $338,100. The average price of homes sold in Lancaster, PA is $171,000. Approximately 44.03% of Lancaster homes are owned, compared to 50.48% rented, while 5.5% are vacant. Lancaster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lancaster real estate agent to arrange a tour today!
Lancaster, Pennsylvania 17602 has a population of 58,034. Lancaster 17602 is less family-centric than the surrounding county with 29.45% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Lancaster, Pennsylvania 17602 is $54,145. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Lancaster 17602 is 32.3 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 42.6 inches per year, with 20 inches of snow per year.