For Sale
$799,000

230-232 Duke St Lancaster, PA 17602

Five-unit building, prime location, high ROI potential.

Overview

Added:
Feb 3
Days on market:
81
This exceptional mixed-use property at 230-232 N Duke Street in Lancaster, PA, presents a unique investment opportunity. The 6,565 square foot Italianate brick building boasts five units across three floors, situated on a 0.18-acre lot. Two commercial units are available, one on the first floor (previously law offices) and another on the second floor (formerly occupied by a tech company). Three residential units are currently occupied, offering immediate income potential. One residential unit is located on the third floor of the main building, featuring a living room, kitchen, bedroom, and bathroom. A second residential unit is situated on the second floor of the main building, also with a living room, kitchen, bedroom, and bathroom. A third, semi-detached residential unit is located at 229 N. Christian St., encompassing approximately 832 square feet and including a living room, kitchen, one or two bedrooms, a bathroom, and a basement with washer and dryer hookups. The property includes a seven-car paved parking lot accessed from N. Christian Street. The main building features newer HVAC and wiring, along with gas steam heat (main or backup), while all units within the main building are equipped with individual heat pumps. Located in the Central Business District, this property benefits from flexible zoning allowing a variety of uses (refer to the Lancaster City online zoning ordinance for details). Its prime location offers easy access to numerous businesses, shops, galleries, Musser Park, the Marriott Hotel, the Library, Binns Park, Ewell Plaza, and a vibrant selection of coffee shops, pubs, and restaurants. This property offers significant potential for both income generation and future development.

Property Details for 230-232 Duke St

Property type
Multifamily properties
Square Feet
6,565 SF
Year Built
1880
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.04222
Longitude
-76.30458

FAQs

What type of property is this?
Multifamily property - Five-unit building, prime location, high ROI potential.
Where is the multifamily property located?
The property is located at 230-232 Duke St Lancaster, PA.
What is the asking price?
The asking price for this property is $799,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
230-232 Duke St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message