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36, 38, 40 S ARCH ST Lancaster, PA 17603
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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,390 sqft
Price per Sqft $104
Subdivision Cabbage Hill
MLS Listing ID PALA2022362
Sold Date 09/14/22
Style Other
Abv Grd Liv Area 2,390
Originating Board BRIGHT
Year Built 1888
Annual Tax Amount $3,433
Tax Year 2021
Lot Size 3,485 Sqft
Acres 0.08
Lot Dimensions 0.00 x 0.00
Property Description
Excellent investment or "house hack" opportunity next to downtown! This building has 3 units, each have their own box number and are set up like town homes with their own small fenced in back yard, basement, and mechanicals. Possible subdivision opportunity here! The current rents are significantly under market Unit #36 is rented at $795, Market rent $1200,Unit# 38 rented at $920 Market rent $1200, Unit #40 rented at $1070 market rent $1350. Seller is also selling. 525 Green St and 35 W Andrew. Everything is occupied and professionally managed. Here's your chance to add to your portfolio and start cash-flowing immediately!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning R-4
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
View Street, City
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Fulton E.S.
Middle Schools Jackson
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Tax ID 334-87311-0-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Dominic Jones • Realty One Group Generations
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