Lancaster, PA 17603 506 W King Street

Pending
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Presented By: Stoltzfus Realty
  • MLS# PALA2065650
  • 03/21/2025
  • Request Tour
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  • Beds • 4

Home Details

Prime 2-unit investment property in Lancaster City with off street parking! This duplex features a spacious 3-bedroom, 1-bath unit in the front main house and a small 1-bedroom 1-bath unit in the back. Both units have separate electric meters. Unit 1 has natural gas forced air heat and Unit 2 has electric baseboard. Unit has has been updated, new kitchen and bathroom in 2019. Side yard is a shared space. Located close to downtown and public transportation. A great opportunity for investors looking to expand their portfolio with a well-located, income-producing asset!
Presented By: Stoltzfus Realty

Interior Features for 506 W King Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 506 W King Street

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Architectural StyleTraditional
CityLANCASTER
Construction MaterialsStucco, Masonry
Cool FuelNone
CoolingNone
CountyLANCASTER
DirectionsGPS
DisclosuresProp Disclosure, Lead Based Paint - State
Garage Y/NNo
Gross Income29340.00
HeatingForced Air
Lot Size Square Feet3049.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
ModificationTimestamp2025-03-28T09:40:34
MunicipalityLANCASTER CITY
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG144.65
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
RoofShingle
School DistrictSCHOOL DISTRICT OF LANCASTER
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeEnd of Row/Townhouse
Tax Annual Amount3161.0
Tax Assessed Value79900.0
Tax Year2024
Total SQFT1832
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRESIENTIAL

Exterior for 506 W King Street

Foundation DetailsStone
Land Assessed Value14600.00
Land Use Code114
Lot Dimensions0.00 x 0.00
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces2
PoolNo Pool
Total Parking Spaces2
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $265,000
MLS#PALA2065650
List Date 03/21/2025
Property Type Pending
Phone 703.929.4729
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