For Sale
$649,000

207 King StLancaster, PA 17603

Eight-unit multifamily property, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully leased, eight-unit apartment building situated at 207 W King St in Lancaster, Pennsylvania, 17603. The property boasts a total of 2,424 square feet and is priced at $649,000, translating to $267.74 per square foot and $81,125 per unit. The building comprises a diverse mix of rental units, including a ground-level commercial/retail space, two apartments, and five individually leased boarding rooms, ensuring a consistent income stream. Its enviable location places it within a block of the vibrant Fulton Theater and the bustling Lancaster Central Market, offering tenants easy access to cultural attractions, dining, and shopping. This prime downtown Lancaster location promises strong rental demand and potential for future appreciation. The property consists of one building and offers a compelling return on investment for discerning buyers seeking a well-maintained, income-producing asset in a thriving urban setting. Financial details are available upon request. This is a rare opportunity to acquire a multifamily property in a highly desirable location with a proven track record of occupancy. Serious inquiries only.

Highlights

  • Fully leased, eight-unit apartment building in Lancaster, PA.
  • 2,424 square feet, priced at $649,000 ($267.74/SF, $81,125/unit).
  • Mixed-use property with ground-level commercial/retail space, apartments, and boarding rooms.
  • Prime downtown location near Fulton Theater and Lancaster Central Market.
  • Strong rental demand and potential for appreciation.

Property Details for 207 King St

Property type
Apartment buildings
Square Feet
2,424 SF
Buildings
1
Units
8

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0377623
Longitude
-76.3087785
207 King St, Lancaster, Pennsylvania

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207 King St
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