540 E KING ST
LANCASTER, PA 17603
$610,000 (Pending)
Number of Units: 4
Type: Multi-Unit Residential
Listing #PALA2059304
Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has 4, large one bedroom apartments. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue. *****There is an additional studio unit currently not being rented that could potentially be licensed and added to the rent roll.*****
Listing Courtesy of: Keller Williams Elite (717) 553-2500
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.03896713
Longitude: -76.2934494
MLS Area: Lancaster City (10533)
Directions: use google map or map app
Has Fireplace: No
Heating: Baseboard - Electric
Heating Fuel: Electric
Cooling: Wall Unit, Electric
Water Heater: Electric
Total Number of Units: 4
Accessibility: None
Style: Other
Is New Construction: No
Construction: Brick, Masonry
Foundation: Other
Septic or Sewer: Public Sewer
Has Garage: Yes
Garage Spaces: 2
Parking Spaces: 2
Lot Size in Acres: 0.18
Lot Size in Sq. Ft.: 7,841
Dimensions: 0.00 x 0.00
Zoning: RESIDENTIAL
Garage Description: Garage - Rear Entry
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2024-10-23 00:00:00.0
Possession: Settlement
Property Type: RI
Property SubType: Detached
Year Built: 1890
Status: Pending
Tax Year: 2025
Tax Amount: $7,803
Ownership Interest: Fee Simple
Exclusions: Tenants personal property
Square Feet Source: Assessor
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at June 14, 2025, 11:39 AM ET
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