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$295,000
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Property Description
Introducing a lucrative opportunity in the sought-after neighborhood of Lancaster's Cabbage Hill! Nestled at 4291/2 W Vine St, this multi-unit property promises an ideal income-generating investment. The updated first-floor 1-bedroom apartment boasts fresh paint, new luxury vinyl flooring throughout, renovated bathroom with ceramic tiling. Offering direct access to a fully upgraded basement space designed with a studio apartment , the first-floor tenant enjoys the additional full basement area . The second-floor apartment exudes contemporary charm with its luxurious vinyl planks, fresh paint, new appliances, and lighting, ensuring a turnkey living experience. Ready to yield passive income and monthly profit, this property comes complete with a side parking area, deeded and available for purchase from the seller. Additionally, the property features a fully repaved driveway, exterior updates, and a freshly painted facade. Generate a substantial monthly income with $1,800 for the first-floor and basement unit, while the second-floor 2-bedroom apartment commands $1,400 per month. Tenants are responsible for water and trash expenses, making this property an enticing investment opportunity in a prime location. Owner Licensed Real estate agent. first floor and basement rent, $1,800 monthly 2 floor 2 bedroom apartment 1,400 tenant pays water and trash. Gross Monthly income: $3,200
Full Property Details
Full Property Details for 429 W Vine St
General
- Sold For: $295,000
- Taxes: $2,491 (2024)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PALA2055132
- Added to Site: 525 day(s) ago
Interior
- Flooring: Luxury Vinyl Plank
Parking
- Parking Type: Off Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Driving Directions: Head south on Rohrerstown Rd toward Seitz Dr 0.3 mi Turn left onto Marietta Ave 1.1 mi Turn right onto River Dr 279 ft Turn right to stay on River Dr 0.4 mi Turn right onto Jackson Dr 0.3 mi Turn left onto Columbia Ave 1.3 mi Turn right onto Old Dorwart St 0.2 mi Turn right onto Manor St 43 ft Turn left onto New Dorwart St 0.1 mi Turn left at the 3rd cross street onto W Vine St Destination will be on the left 0.2 mi 429 1/2 W Vine St, Lancaster, PA 17603
School Information
- School District: School District Of Lancaster
- High School: McCaskey Campus
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric, Natural Gas
- Heating Type: 90% Forced Air, Baseboard - Electric
- Heating Fuel: Natural Gas
- Water Heater: Electric, 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Stucco, Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Other
- Stories/Levels: 3
- Square Feet: 1,428
- Sq. Ft. Source: Assessor
- Living Area: 1,428 Sq. Ft.
- Finished Above Grnd: 1,428 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $203.08
- Assessment Year: 2024
- School Tax: $1,522
- City/TownTax: $787
- City/TownTax Freq: Annually
- County Tax: $181
- County Tax Freq: Annually
- Tax w/Assessment: $62,300
- Tax Amount: $2,491
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Sewer
- Landlord Pays: Sewer
- Tax Total Finished Sq. Ft.: 1428
Disclosures and Reports
- Ownership: Other
Listed and Sold by Realty One Group Generations, mabel hinson
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Schools
Schools serving 429 W Vine St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Fulton El School, Lancaster, PA 225 West Orange Street, Lancaster, PA 17603 | PK-5 | 0.3 mi |
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603 | 6-8 | 0.6 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.4 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 429 W Vine St
Date
Details
Price
Change
Source
9/27/2024
Sold
$295,000
1.72%
MLS
8/10/2024
Listed
$290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
429 W Vine Street, Lancaster, PA 17603 (MLS# PALA2055132) is a Duplex property that was sold at $295,000 on September 27, 2024. Want to learn more about 429 W Vine Street? Do you have questions about finding other Duplex real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

