Lancaster, PA 17603 12 - 14 S Queen Street
$895,000
Presented By: Kingsway Realty - Ephrata
Beds • 4
Beds • 4Home Details
Discover a unique investment opportunity in the heart of Lancaster. This well-maintained 4-unit property features two spacious 2-bedroom apartments and two commercial spaces, all occupied by long-term tenants. Apt 1 rents for $1,200 Apt #2 rents for $1,200. Tenants own ALL appliances. Apartments have hot water heat with window a/c units. First National Bank has an ATM and rents for $1,916. Jackson Hewett Tax Service rents for $1,725. The commercial units have mini splits with a/c. This property offers consistent rental income with reliable, long-term tenants. The apartments and commercial spaces are well-maintained, making it an ideal addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a versatile property in a prime location with high visibility located across from the Lancaster County Convention Center. Contact us today to schedule a viewing and explore the potential of this exceptional investment!
Presented By: Kingsway Realty - Ephrata
Interior Features for 12 - 14 S Queen Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood, Laminate Plank
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterElectric
General for 12 - 14 S Queen Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
Avg. Electric Per Month32.0
Avg. Gas Per Month364.17
Avg. Water Per Month98.0
CityLANCASTER
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s), Ductless/Mini-Split
CountyLANCASTER
Directions222S into Lancaster (becomes S. Prince St). L on W. Vine St. L on S. Queen. Property on left.
Garage Y/NNo
Gross Income72492.00
HeatingHot Water
Home Warranty Y/NNo
Insurance Expense2700.00
Lease TypeLong Term
Location TypeDowntown
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
ModificationTimestamp2025-03-17T13:11:26
MunicipalityLANCASTER CITY
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count0
Other StructuresAbove Grade, Below Grade
OwnerPaysTaxes - Real Estate, Insurance
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG585.73
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofRubber
School DistrictSCHOOL DISTRICT OF LANCASTER
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount13077.0
Tax Assessed Value330500.0
Tax Year2025
Total Actual Rent72492.00
Total SQFT1528
Trash Expense624.00
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCENTRAL BUSINESS
Exterior for 12 - 14 S Queen Street
Exterior AmenitiesFire Escape
Foundation DetailsPermanent, Stone
Land Assessed Value66400.00
Land Use Code579
Lot Dimensions0.00 x 0.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
