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418 S Prince Street, Lancaster, PA 17603
$220,000 Sale Pending
418 S Prince Street, Lancaster, PA 17603View this property at 418 S Prince Street, Lancaster, PA 17603
418 S Prince StreetLancasterPA17603
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Property Description
Welcome to your next opportunity! Both apartments have undergone significant renovations during current ownership, resulting in a turn key investment opportunity in an appreciating location near downtown. Upgrades throughout include new flooring, updated kitchens and baths, and sensible, spacious living areas. Both apartments are occupied by tenants that would love to stay on, and opportunity for upside remains in current rent prices. Heat and electricity are seperated, with gas forced air furnaces providing an efficient heat source for tenants. Various parks and restaurants are just steps away, and all the amenities of downtown not much further to make this a great location for those looking for convenience in an urban setting. For investors, buy this for the appreciation and cashflow, or for an owner occupant this could make a wonderful opportunity for a low down payment FHA purchase and having a large portion of your living expenses covered. The backyard features plenty of space to create an outdoor haven, and both tenants are nearing the end of their lease terms to allow for a near future move in if desired. Take this opportunity to own your very own piece of thriving Lancaster! Please book all showings via the multifamily listing.
Full Property Details
Full Property Details for 418 S Prince St
General
- Price: $220,000
- Taxes: $2,318 (2022)
- Status: Pending
- Type: Townhouse
- MLS ID: PALA2050938
- Updated: 5/24/2024
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Entry Level Bedroom, 2nd Kitchen, Combination Dining/Living
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 2
- Bedrooms Main & Up: 1
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Play Area
Parking
- Parking Type: On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Development Name: Prince Street Center
- Subdivision: Prince Street Center
- Cross Streets: West Andrew
- Driving Directions: GPS
- Location Details: Urban
School Information
- School District: School District Of Lancaster
- Elementary School: Price
- Middle School: Hand M.S.
- High School: McCaskey H.S.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Roof: Shingle, Rubber
- Walls/Ceilings: Dry Wall, Plaster Walls
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 1,471
- Sq. Ft. Source: Assessor
- Living Area: 1,471 Sq. Ft.
- Finished Above Grnd: 1,471 Sq. Ft.
- Year Built: 1880
- Year Built Source: Assessor
- Property Condition: Good, Average
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Paved
- Lot Features: Rear Yard
- Zoning: RES/MIXED USE
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $149.56
- Assessment Year: 2023
- School Tax: $1,407
- City/TownTax: $740
- City/TownTax Freq: Annually
- County Tax: $170
- County Tax Freq: Annually
- Tax w/Assessment: $58,600
- Tax Amount: $2,318
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 1471
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: All of tenant's belongings
- Inclusions: All appliances
Listed by Keller Williams Elite, Benuel Esh
Get Pre-Approved Today
Schools
Schools serving 418 S Prince St
School District:School District Of Lancaster
Rating | Name | Grades | Distance |
---|---|---|---|
615 Fairview Ave, Lancaster, PA 17603 | PK-5 | 0.4 mi | |
431 S Ann St, Lancaster, PA 17602 | 6-8 | 0.7 mi | |
445 N Reservoir St, Lancaster, PA 17602 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 418 S Prince St
Date
Details
Price
Change
Source
5/24/2024
Price Increased
$220,000
0.46%
MLS
5/20/2024
Listed
$219,000
82.5%
MLS
8/25/2020
Sold
$120,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 418 S Prince St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,319
6%
$58,600
—
2023
$2,185
—
$58,600
—
2022
$2,185
1%
$58,600
—
2021
$2,162
1%
$58,600
—
2020
$2,138
2%
$58,600
—
2019
$2,106
-14%
$58,600
—
2018
$2,453
26%
$58,600
38%
2017
$1,952
2%
$42,500
—
2016
$1,911
1%
$42,500
—
2015
$1,888
4%
$42,500
—
2014
$1,815
—
$42,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 418 S Prince St
418 S Prince Street, Lancaster, PA 17603 (MLS# PALA2050938) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 418 S Prince Street is currently listed for $220,000 and was received on May 20, 2024. Want to learn more about 418 S Prince Street? Do you have questions about finding other Townhouse real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.