Lancaster, PA 17602 620 E King Street
$419,900
Pending
17 more
Presented By: Kingsway Realty - Lancaster
Beds • 5
Beds • 5Home Details
Great investment opportunity on the East Side of Lancaster City. This four unit comes turnkey and ready to make money on the first day, as it is fully occupied with a management company in place. The rental license is good through 2027, and can be transferred to the new owners.
Presented By: Kingsway Realty - Lancaster
Interior Features for 620 E King Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementRear Entrance, Unfinished, Walkout Stairs
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Laminate Plank, Vinyl
Furnished UnitsNone
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterElectric
Total Stories3
General for 620 E King Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
CityLANCASTER
Construction MaterialsBrick, Masonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyLANCASTER
DirectionsFrom Queen Street, go East on King Street. Property will be on the Right.
DisclosuresProp Disclosure
Electric200+ Amp Service
Garage Y/NNo
Gross Income37470.00
HeatingBaseboard - Electric, Baseboard - Hot Water
Insurance Expense1684.00
Lease TypeMonth to Month
Living Area2461
Location TypeUrban
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
MaintenanceExpense822.00
MunicipalityLANCASTER CITY
Net Operating Income21889.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysHeater Maintenance Contract, Lawn/Shrub Care, Sewer, Sewer Maintenance, Trash Collection, Water
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG170.62
Property ConditionAverage
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofArchitectural Shingle
School DistrictSCHOOL DISTRICT OF LANCASTER
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeInterior Row/Townhouse
Tax Annual Amount4550.0
Tax Assessed Value110900.0
Tax Year2025
Total Actual Rent43800.00
Total SQFT3175
Two Bedroom1
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningR-4
Exterior for 620 E King Street
Exterior AmenitiesSidewalks, Street Lights
Foundation DetailsStone
Land Assessed Value19800.00
Land Use Code116
Lot FeaturesRear Yard
Lot Size Acres0.05
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Road ResponsibilityCity/County
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
