302 N Lime Street, Lancaster, PA 17602 - Photo 1

1/1

$530,000

Sold
Closed
Multi-Family

1/1

Property Description

Introducing an exceptional investment opportunity in a prime location! Nestled in a desirable area close to Musser Park and an easy walk to downtown, this four-unit is a gem for savvy investors. The solid brick building stands proudly as an end unit, boasting a well-maintained exterior and a charming front porch. With separate utilities, no privacy violations, and interior fire escapes for safety, each unit ensures comfort and convenience for tenants. Inside, the layout of each unit is thoughtfully designed, featuring hardwood floors, high ceilings flooding the space with natural light, and two of the units adorned with beautiful bay windows. Parking is a breeze with three off-street parking spaces, a coveted amenity in this area. This property is easy to maintain, with recent updates to all units ensuring a modern, attractive appeal. The update in Unit 2 was completed in 2023, while the remaining units have been recently refreshed, ensuring a uniform and appealing standard throughout the property. Currently occupied by excellent tenants, this investment property is a turnkey opportunity for investors seeking a hassle-free addition to their portfolio. Don't miss the chance to own this well-kept, income-generating property in a sought-after location - schedule your viewing today! Please review property layout and income and expense statement before requesting a showing.

Full Property Details

Full Property Details for 302 N Lime St

General

Sold For: $530,000
Taxes: $8,408 (2022)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PALA2044398
Added to Site: 778 day(s) ago

Exterior

Exterior Features: Secure Storage

Parking

Total Spaces: 3
Parking Type: Off Street

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: Lancaster
Driving Directions: Route 30 , Exit onto 23/Walnut St. Turn right onto N. Lime

School Information

School District: School District Of Lancaster

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard - Electric
Heating Fuel: Electric
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Other
Architectural Style: Other
Structure Type: Twin/Semi-Detached
Construction: Brick, Masonry
Basement: Yes
Basement Desc.: Full
Foundation: Stone
Roof: Rubber
Stories/Levels: 0
Square Feet: 3,957
Sq. Ft. Source: Assessor
Living Area: 3,957 Sq. Ft.
Finished Above Grnd: 3,957 Sq. Ft.
Year Built: 1890
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 2, Unit 4, Unit 3
1 Bedroom Units: 2
2 Bedroom Units: 2

Unit 1

Unit Description: Unit 1
Bedrooms: 1

Unit 2

Unit Description: Unit 2
Bedrooms: 1

Unit 3

Unit Description: Unit 3
Bedrooms: 2

Unit 4

Unit Description: Unit 4
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,614
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Zoning: RESIDENTIAL

Financial Considerations

Price Per Sq. Ft.: $138.99
Assessment Year: 2023
School Tax: $5,103
City/TownTax: $2,686
City/TownTax Freq: Annually
County Tax: $618
County Tax Freq: Annually
Tax w/Assessment: $212,500
Tax Amount: $8,408
Tax Year: 2022
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3957

Disclosures and Reports

Ownership: Fee Simple
Inclusions: All appliances

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Schools

Schools serving 302 N Lime St

School District:Lancaster School District

Name	Grades	Distance
Fulton El School, Lancaster, PA 225 West Orange Street, Lancaster, PA 17603	PK-5	0.5 mi
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603	6-8	0.9 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 302 N Lime St

Date

Details

Price

Change

Source

2/02/2024

Sold

$530,000

-3.64%

MLS

12/05/2023

Listed

$550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths
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Active
Updated 6 days ago

3
Beds
3
Total Baths
1,776
Sq. Ft.

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302 N Lime Street, Lancaster, PA 17602 (MLS# PALA2044398) is a Multi-Family property that was sold at $530,000 on February 02, 2024. Want to learn more about 302 N Lime Street? Do you have questions about finding other Multi-Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

302 N Lime St Lancaster, PA 17602