463 South Prince Street

Lancaster, PA 17603

$325,000
Price
โ€”
Beds
3,160 Sq. Ft.
$103 / Sq. Ft.
3,160
Sq. Ft.
$103
per Sq. Ft.

Description

๐Ÿข Mixed-Use Gem with Lucrative Potential ๐Ÿข
Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The Property is currently tenant occupied for $1600 per month. Tenant pays all utilities. Tenant pays all utilities ๐Ÿ›๏ธ Commercial Space: The first floor features an unfinished commercial space ready for your vision.
...๐Ÿข Mixed-Use Gem with Lucrative Potential ๐Ÿข

Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The Property is currently tenant occupied for $1600 per month. Tenant pays all utilities. Tenant pays all utilities ๐Ÿ›๏ธ Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area ๐Ÿก Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience ๐Ÿ’ฐ Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising ๐Ÿš— Parking Convenience: No need to worry about parking in the city โ€“ this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike. ๐Ÿš— Parking Convenience: No need to worry about parking in the city โ€“ this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike ๐ŸŒ† Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure. Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
  1. Listed by Portia C Costello โ€ข Realty One Group Generations
    P: 7179995841 portiasellspa@gmail.com
  2. Listed by mabel hinson โ€ข Realty One Group Generations
    P: 7173441873 mabel@hinsonrealestate.com

Property Details for 463 South Prince Street

Tax ID Number
334-88763-0-0000
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
04-17-2024
Cross Street
Hazel St

Location

Listing Courtesy of Realty One Group Generations
Add your commute
LISTING UPDATED: 05/02/2024 11:31 AM

Property Details for 463 South Prince Street

StatusActive
MLS #PALA2048374
Days on Market16
Taxes$6,952 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.04 AC / 1,742 SF
CountyLancaster County

Location

Listing Courtesy of Realty One Group Generations
Add your commute

Building Information for 463 South Prince Street

Stories-Residences2Year Built1880Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$2,353 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$579

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 463 South Prince Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Lancaster City (10533)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $175,700
  • Year Assessed: 2023
  • County Tax: $511
  • Improvement Assessed Value: $140,100
  • City Town Tax: $2,220
  • Land Assessed Value: $35,600
  • Clean Green Assessed: No
  • Land Use Code: 575
  • Refuse Fee: $440
  • Zoning: MIXED USE
  • School Tax: $4,220
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Number Of Units Vacant: 2
Financial Information
Expenses
  • Operating Expense: $1,200
  • Operating Expense Includes: Trash, Insurance
  • Trash Expense: $1,080
Financial Information
  • Income Includes: Apartment Rentals, Other
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 4058377
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Wall Unit
  • Heating Fuel: Electric, Natural Gas Available
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 463 South Prince Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 463 South Prince Street

Taxable ValueLand$35,600Additions$140,100Total$175,700
Tax Record2024$6,952 ($579 / month)
Home Facts
Total Finished SqFt3,160 SqFtAbove Grade Finished SqFt3,160 SqFtStories3Lot Size1,742 SqFtStyleRestaurantYear Built1880ZoningMUCountyLANCASTERAPN334-88763-0-0000

Schools near 463 South Prince Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Price El School
PublicPK to 5

Jackson Middle School
Public6 to 8

Mccaskey Campus
Public9 to 12

Phoenix Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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463 South Prince Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on April 17, 2024 by Realty One Group Generations, it's currently listed at $325,000. It has been on the market for a total of 16 days and was last sold on March 18, 2020. This listing's school district is Lancaster School District. Nearby schools include Price El School, Jackson Middle School and Mccaskey Campus. 463 South Prince Street is a 0-bed, 0-bath, 3,160 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Generations

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORSยฎ. Information being provided is for the visitorโ€™s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORSยฎ is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.