463 S PRINCE STREET
LANCASTER, PA 17603

$325,000

Number of Units: 2
Type: Multi-Unit Residential
Listing #PALA2049974
? Mixed-Use Gem with Lucrative Potential ?Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. ?? Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area.? Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience.? Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising.? Parking Convenience: No need to worry about parking in the city ? this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike.? Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure.Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
Listing Courtesy of: Realty One Group Generations (717) 650-1284
Property Features
Location Information
County: LANCASTER
Municipality: LANCASTER CITY
Cross Street: Hazel St
Latitude: 40.02964
Longitude: -76.30589
MLS Area: Lancaster City (10533)
Interior Features
Heating: Forced Air, Wall Unit
Heating Fuel: Electric, Natural Gas Available
Cooling: None
Water Heater: Natural Gas
Number of 1 Bedroom Units: 0
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 0
Total Number of Units: 2
Exterior Features
Is New Construction: No
Foundation: Other
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0.04
Zoning: MIXED-USE
Property Condition: Very Good
Additional Information
ListDate: 2024-04-22 00:00:00.0
Property SubType: Duplex
Year Built: 1880
Status: Active
Tax Year: 2023
Tax Amount: $6,952


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at May 13, 2024 10:48 PM ET