Bought with Diana McCready • Howard Hanna Real Estate Services - Lancaster
$440,000
$449,900
2.2%For more information regarding the value of a property, please contact us for a free consultation.
506 N QUEEN ST Lancaster, PA 17603
2,553 SqFt
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,553 sqft
Price per Sqft $172
MLS Listing ID PALA2077620
Sold Date 05/13/26
Style Contemporary,Converted Dwelling
Abv Grd Liv Area 2,553
Year Built 1885
Available Date 2026-04-02
Annual Tax Amount $5,415
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Super duper updated and clean 3 Unit Multi-Family investment building w/ 2 Off Street Parking Spaces w/ excellent cash flow and great tenants in place. Conveniently located one block from Penn Medicine LGH hospital, restaurants, and all conveniences, at the 500 block in the northwest quadrant in Lancaster City.
Unit 1 is a 1st floor, 2 bedroom, 1 full bathroom, 6 room spacious apartment bringing $1250 / mo.
Unit 2 is a 2nd floor, 1 bedroom, 1 full bathroom, 4 room spacious apartment bringing $1200 / mo.
Unit 3 is a 2nd & 3rd floor, 2 bedroom 1 full bathroom 5 room spacious apartment bringing $1250 / mo.
2 Off Street Parking Spots could being additional $50 / mo each for $100 / mo.
The building has many important and great upgrades such as replacement double hung windows, laminated vinyl flooring, new paint throughout, 2 new kitchens, stainless steel appliances in unit 2 & 3, new baseboards, new main sewer line and sidewalk. Newly constructed fire escape system. Gas and electric are metered separate and paid by the tenants.
Don't delay call and schedule an appointment today!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning LANC. CITY
Rooms
Basement Full, Unfinished
Interior
Interior Features Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Eat-In, Kitchen - Table Space
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Ceramic Tile, Laminate Plank
Equipment Stainless Steel Appliances, Oven/Range - Gas, Refrigerator
Fireplace N
Window Features Double Hung,Double Pane,Screens
Appliance Stainless Steel Appliances, Oven/Range - Gas, Refrigerator
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Sewer Available, Water Available, Natural Gas Available
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Total Parking Spaces 2
Garage N
Building
Lot Description Level
Foundation Stone
Above Ground Finished SqFt 2553
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Tax ID 339-33531-0-0000
Ownership Fee Simple
SqFt Source 2553
Security Features Carbon Monoxide Detector(s),Main Entrance Lock
Acceptable Financing Conventional, Cash, Bank Portfolio, Exchange, Installment Sale, Lease Purchase, Seller Financing
Listing Terms Conventional, Cash, Bank Portfolio, Exchange, Installment Sale, Lease Purchase, Seller Financing
Financing Conventional,Cash,Bank Portfolio,Exchange,Installment Sale,Lease Purchase,Seller Financing
Special Listing Condition Standard
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