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$815,000
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Property Description
Investment opportunity in Lancaster City! Mixed use property offers 3 apartments and a spacious auto garage with a large office. Located in a highly visible and easy access road close to Downtown Lancaster, next to the proposed future business development site of the old Rebman's Building.
Full Property Details
Full Property Details for 853 S Prince St
General
- Sold For: $815,000
- Taxes: $11,815 (2022)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2056706
- Added to Site: 492 day(s) ago
Parking
- Parking Type: Parking Lot
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Driving Directions: South on Prince Street. Property on Left
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Hot Water, Radiator, Baseboard - Electric
- Heating Fuel: Electric, Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Phone Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Metal, Shingle
- Stories/Levels: 0
- Square Feet: 23,958
- Sq. Ft. Source: Estimated
- Living Area: 23,958 Sq. Ft.
- Finished Above Grnd: 23,958 Sq. Ft.
- Year Built: 1960
- Year Built Source: Estimated
Unit Information
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,958
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $34.43
- Assessment Year: 2023
- School Tax: $7,092
- City/TownTax: $3,838
- City/TownTax Freq: Annually
- County Tax: $884
- County Tax Freq: Annually
- Tax w/Assessment: $303,700
- Tax Amount: $11,815
- Tax Year: 2022
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Auto repair garage tenant's tools.
- Inclusions: All of the residential units' appliances. All of the auto repair garage equipment (except for the auto repair garage tenant's tools).
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Schools
Schools serving 853 S Prince St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Price El School 615 Fairview Avenue, Lancaster, PA 17603 | PK-5 | 0.3 mi |
Jackson Middle School 431 South Ann Street, Lancaster, PA 17602 | 6-8 | 0.8 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.8 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 853 S Prince St
Date
Details
Price
Change
Source
2/28/2025
Sold
$815,000
-1.2%
MLS
11/12/2024
Price Reduced
$824,900
-2.84%
MLS
10/07/2024
Price Reduced
$849,000
-5.55%
MLS
9/16/2024
Listed
$898,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
853 S Prince Street, Lancaster, PA 17603 (MLS# PALA2056706) is a Multi-Family property that was sold at $815,000 on February 28, 2025. This property was listed by Handy Cuevas from our Lancaster Office.Want to learn more about 853 S Prince 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.


