Overview

Property ID: PALA2036334
  • End of Row/Townhouse, Multi-Family
  • Property Type
  • 0.03
  • Lot Acres
  • 1780
  • Year Built

Description

FIVE LICENSED UNITS WITH A CONVENIENT CENTER-CITY LOCATION, 7 Doors from MUSSER PARK !! Seller has had ownership for over 44 years. Three one-bedroom units, 1 efficiency, & a room w/bath & kitchenette. Units 3 & 5 have been occupied by same tenants for 25+ years. 1st fl. Unit now rented for $950.00 beginning July 1st. Second fl. is newly renovated & should rent for $900.00/mo. -current owner prefers the new owner select the new tenant. Home has an interesting history – Franklin College occupied 109-117 N. Lime St. from 1839 until their merger with Marshall College in 1854. Charles Demuth was born & lived at 109 N. Lime St. for approximately 6 years until his family relocated to the 100 Block of E. King St. and John Weiss, balloonist, also resided at 109 N. Lime in the mid-19th century. Full Lancaster Code inspection including lead paint abatement completed June 1. 2023. Leases are 1 yr. term – Unit 1 lease expires July 1, 2024, Unit 2 is currently vacant, Unit 3 lease expires 8/31/23, Unit 4 lease expires 12/30/23, and Unit 5 lease expires 7/31/23.
**PLEASE NOTE! INTERESTED BUYERS ARE ENCOURAGED TO ATTEND AN OPEN HOUSE BEING HELD THIS WEDNESDAY, JUNE 14TH, 2023 FROM 04:30 PM UNTIL 07:00 PM. NO SHOWINGS BY APPT. – OPPORTUNITIES TO SEE THIS PROPERTY WILL BE ONLY IN OPEN HOUSES !

  • Address
  • City Lancaster
  • State/county PA
  • Zip/Postal Code 17602

Details

Updated on April 20, 2024 at 2:01 am
  • Property ID: PALA2036334
  • Price: $426,500
  • Land Area: 0.03 Acres
  • Garage Size: x x
  • Year Built: 1780
  • Property Type: End of Row/Townhouse, Multi-Family
  • Property Status: Closed

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