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$615,000
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Property Description
Fantastic opportunity to own a piece of Lancaster City history with this 3 or 4 unit colonial building that includes a charming and restored carriage house. The carriage house was a speakeasy during prohibition before becoming the Italian American Club and includes an original restored mural on the 2nd floor. It's now a 1 BR, 1.5 BA apartment with remodeled kitchen that includes travertine tile floor, tile backsplash, large island and stainless appliances with gas cooking. Wood floors, rear balcony, remodeled bath, replacement windows, central air, gas fireplace and carport for off street parking complete this unique space. The main house has central air throughout and replacement windows with the exception of the front. 1st floor unit has 2 BRs and 1 BA, remodeled kitchen with bar area, vinyl plank flooring throughout, and a remodeled bath with tin ceiling and ceramic tile floor. 2nd floor unit is currently rented as a 1 BR, 1 BA unit with remodeled kitchen, travertine flooring, remodeled bath , and balcony with access to rear yard deck. Third floor was recently rented as a 1 BR with area for kitchenette and 1 BA. 2nd and 3rd floor units could be combined for a single 3 BR, 2 BA unit. 1st and 2nd floor units, along with carriage house, come with refrigerators, washers and dryers. This is a great opportunity to live in a fabulous downtown location and rent remaining units, or as a full investment opportunity with great prospect for increasing cash flow. Cash flow analysis provided in document section. Call to schedule your tour!
Full Property Details
Full Property Details for 448 N Queen St
General
- Sold For: $615,000
- Taxes: $7,585 (2023)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2039146
- Added to Site: 951 day(s) ago
Interior
- Interior Features: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island, Kitchen - Eat-In, Kitchen - Table Space, Kitchenette, Soaking Tub, Upgraded Countertops, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Heater, Refrigerator
- Flooring: Carpet, Concrete, Wood, Luxury Vinyl Plank, Tile/Brick, Ceramic Tile
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Sidewalks, Street Lights
- Porch/Patio/Deck: Deck(s)
Parking
- Carport Spaces: 1
- Total Spaces: 1
- Parking Type: On Street, Off Street, Attached Carport
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: From Lancaster City Square, North on Queen St. Property on Left. 447 N. Market Street access is from Market Street Alley behind Queen Street.
- Location Details: Downtown
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Carriage House, Colonial, Traditional
- Architectural Style: Carriage House, Colonial, Traditional
- Structure Type: Detached
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Stone, Slab
- Roof: Pitched, Rubber, Shingle
- Windows: Insulated, Replacement, Screens, Wood Frame, Vinyl Clad
- Stories/Levels: 0
- Square Feet: 4,375
- Sq. Ft. Source: Estimated
- Living Area: 4,375 Sq. Ft.
- Finished Above Grnd: 4,375 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Estimated
- Zoning: MIXED USE
Financial Considerations
- Price Per Sq. Ft.: $142.83
- School Tax: $4,604
- City/TownTax: $2,423
- City/TownTax Freq: Annually
- County Tax: $558
- County Tax Freq: Annually
- Tax w/Assessment: $191,700
- Tax Amount: $7,585
- Tax Year: 2023
- Terms: Standard Sale
- Owner Pays: Sewer, Trash Collection, Water
- Landlord Pays: Sewer, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: 3 Refrigerators, 3 Washers & 3 Dryers
Listed by Tracy L. Seiger
Sold by Andrew Steiner
Get Pre-Approved Today
Schools
Schools serving 448 N Queen St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Ross El School, Lancaster, PA 840 North Queen Street, Lancaster, PA 17603 | PK-5 | 0.4 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 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 448 N Queen St
Date
Details
Price
Change
Source
11/15/2023
Sold
$615,000
-1.58%
MLS
9/21/2023
Price Reduced
$624,900
-3.86%
MLS
8/24/2023
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
448 N Queen Street, Lancaster, PA 17603 (MLS# PALA2039146) is a Multi-Family property that was sold at $615,000 on November 15, 2023. Want to learn more about 448 N Queen 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.

