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$379,000

Beds
6
Baths
2.5
sq ft
2,925

911 E King St, Lancaster, PA 17602

911 E King St

LANCASTER, PA 17602

  • 21 days on market
Welcome to opportunity on the outskirts of Lancaster City! Currently rented to 6 individual residential tenants + 2 garages to create substantial income, the property is zoned local commercial with a wide array of potential uses. Permitted uses include daycares, offices, retail sales and more, see documents for more info. Designed by the famed architect C. Emlen Urban, the building retains much of its original beauty with ornate trim work inside and out, high ceilings and spacious rooms, attractive hardwood floors and much more. The location near public transportation, parks, dining and shopping and all the amazing amenities of downtown Lancaster make this a super convenient place to live. The property would be ideal for an organization or investor that would gain value from continuing the current use, and could be converted back to the gorgeous residence that it once was. The detached two car carriage house features a space above (currently used for storage) that could be finished as a detached guest suite. The owner of the attached adjacent property, which currently functions as a rooming house, could be available for purchase as well. Take a look at whether this could be the one for you! Please schedule showings via ShowingTime in the multi-family listing for this property.

Details

Property type

Duplex

Est. home value

$312,318

Lot size

4,792 sq ft

Price per sq ft

$130

Year built

1888

Annual property taxes

$4,184

HOA

No

Price History

10/19/2024
Bright

Bright #PALA2058638

Listed
$379,000
+24.45%
05/25/2022
Bright

Bright #PALA2016458

Sold
$304,545

Schools & Community

Neighborhood: 

East Side

Elementary school: 

BURROWES

Middle school: 

LINCOLN M.S.

High school: 

MCCASKEY H.S.

School district: 

SCHOOL DISTRICT OF LANCASTER

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of Bird In Hand

Loan start date

February 2023

Original loan amount

$28,500

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Credit Line (Revolving)

Seller

The Swords Company Llc

Lender

Bank Of Bird In Hand

Loan start date

June 2022

Original loan amount

$243,636

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Purchase Money Mortgage

Seller

The Swords Company Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/08/2024 at 4:55 PM

Listing updated: 11/01/2024 at 1:19 PM

Listed by: Benuel Esh, Keller Williams Elite Phone #: (717) 553-2500

MLS: Bright #PALA2058638

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