504 South Shippen Street

Lancaster, PA 17602

$162,000
Last Sold Price
3
Beds
2
Baths
1,579 Sq. Ft.
$103 / Sq. Ft.
1,579
Sq. Ft.
$103
per Sq. Ft.

Description

Fantastic opportunity to grow equity with this 2 unit rental property! Long term tenants and excellent cash flow! The second floor unit is a 3 bedroom unit and is in good condition! The first floor unit is a one bedroom and could use cosmetic updating, for a great value add to the property! Fully occupied and ready to go at an excellent price! Seller is willing to provide some seller financing with an acceptable offer! Check it out today while it is still available!Fantastic opportunity to grow equity with this 2 unit rental property! Long term tenants and excellent cash flow! The second floor unit is a 3 bedroom unit and is in good condition! The first floor unit is a one bedroom and could use cosmetic updating, for a great value add to the property! Fully occupied and ready to go at an excellent price! Seller is willing to provide some seller financing with an acceptable offer! Check it out today while it is still available!
  1. Listed by Jeffrey L Zimmerman • Keller Williams Elite
    P: 7174055748 jeffzimmermanhomes@gmail.com

Property Details for 504 South Shippen Street

Tax ID Number
337-39799-0-0000
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
03-08-2023
Municipality
LANCASTER CITY

Location

Listing Courtesy of Keller Williams Elite

Sold By RE/MAX Pinnacle

Add your commute
LISTING UPDATED: 04/05/2023 04:43 PM

Property Details for 504 South Shippen Street

StatusClosed
MLS #PALA2031468
Days on Market2
Taxes$2,886 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.04 AC / 1,742 SF
CountyLancaster County

Location

Listing Courtesy of Keller Williams Elite

Sold By RE/MAX Pinnacle

Add your commute

Building Information for 504 South Shippen Street

Stories-Residences2Year Built1890Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$1,125 per month

30 year fixed, 7.25% Interest

Principal and Interest

$884

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 South Shippen 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: $74,200
  • Year Assessed: 2023
  • County Tax: $215
  • Improvement Assessed Value: $68,500
  • City Town Tax: $937
  • Land Assessed Value: $5,700
  • Clean Green Assessed: No
  • Land Use Code: 114
  • Agricultural Tax Due: No
  • Zoning: RESIDENTIAL
  • School Tax: $1,732
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,579.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Level
  • Road Frontage Length: 18.00
  • Location Type: Urban
  • Parcel ID: 4064453
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Other
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 504 South Shippen 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 504 South Shippen Street

Taxable ValueLand$5,700Additions$68,500Total$74,200
Tax Record2024$2,936 ($245 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,579 SqFtAbove Grade Finished SqFt1,579 SqFtStories3Lot Size1,742 SqFtStyleCondominiumYear Built1890ZoningR3CountyLANCASTERAPN337-39799-0-0000

Schools near 504 South Shippen 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
King El School
PublicPK to 5

Lincoln 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.

Similar Homes

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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 Keller Williams Elite

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’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 REALTORS® 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.