614 N DUKE STREET
LANCASTER, PA 17602

Sold Price: $625,000
List Price: $699,000
Sold Date: Sep 24, 2024

Number of Units: 3
Type: Multi-Unit Residential
IDX Image
Listing #PALA2053068
Introducing a prime investment opportunity in the heart of Lancaster City! This remarkable three-unit property with off street parking combines modern amenities with historic charm, offering fully renovated and FULLY furnished apartments. All furniture, TV's, appliances, art work , accessories, etc, will convey with the property. Located close to Lancaster General Hospital, this desirable location ensures high tenant demand and excellent rental potential.Welcome to an investor's dream property, featuring three meticulously renovated apartments! Each unit is equipped with independent heating, cooling, and easy access electrical panels in each of the units. This thoughtful setup ensures that each unit can manage its own utilities, providing tenants with control over their own energy consumption and simplifying management for the owner. These turnkey units are exquisitely furnished, including wall-mounted TVs. Each apartment showcases fine woodworking details, and all have front and back entrances along with in-unit laundry facilities.The basement unit is a charming one-bedroom retreat with plank flooring throughout. It includes a full kitchen, fully stocked with cookware, utensils, dishes, and glassware. It also has a full bathroom, a full laundry room and a fireplace, providing a cozy and inviting living space.The main level unit, formerly an art gallery, is a spacious and stylish apartment that pays homage to its artistic roots. Decorated with tasteful artistic elements, this unit features soaring 12-foot ceilings, crown molding, track lighting, recessed lighting, and an abundance of natural light. It offers two bedrooms, one and a half bathrooms, an eat-in kitchen, a living room, a sitting room, a full laundry room, ample closet space, and a delightful front porch.The third unit spans the second and third floors, highlighting original hardwood floors and large windows that bathe the space in natural light. This unit includes an eat-in kitchen, a living room, two full bathrooms, a laundry room, generous closets, and 3 bedrooms.Unit 1, the first floor unit is intentionally being advertised as a unit without a resident for buyers that are wanting to occupy the property or otherwise known as "house hack" the property, where the owner lives in one unit and rents out the others to have tenants pay their mortgage and owner lives with reduced mortgage expenses.Tenants will appreciate the convenience of four reserved parking spaces. Located close to Lancaster General Hospital, this property seamlessly blends comfort, style, and investment potential, making it an outstanding opportunity! Schedule your showing today!
Buyer's Agent: Non Member
Listing Agent: Christine Nolt
Property Features
Location Information
County: LANCASTER
Municipality: LANCASTER CITY
MLS Area: Lancaster City (10533)
Interior Features
Number of Fireplaces: 1
Heating: Forced Air
Heating Fuel: Electric
Cooling: Ductless/Mini-Split
Basement Description: Full, Fully Finished
Has Basement: Yes
Total Number of Units: 3
Exterior Features
Is New Construction: No
Foundation: Stone
Septic or Sewer: Public Sewer
Has Garage: No
Lot Size in Acres: 0.1
Additional Information
ListDate: 2024-08-15 00:00:00.0
Property Type: RI
Property SubType: Triplex
Year Built: 1878


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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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