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710 Lake Street

LANCASTER, PA 17603
  • $850,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: PALA2031730
UPDATED: 121 min ago
$850,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,096
    SQFT
  • $208
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

School District:

Description

Welcome to this unique quadraplex located at 710 Lake Street in Lancaster City. This is an excellent investment opportunity for an owner-occupant or investor.Each of the four units in this property offers one bedroom and one bathroom. The units have been well-maintained and feature updated appliances, modern fixtures, and ample closet space. Tenants will appreciate the convenience of having their own washer and dryer in each unit. Each unit has a lot of windows providing a ton of natural light for the occupants.In addition, each tenant will have one parking space included in their rent, and the parking lot is gated for added security. The property has a large parking area and a driveway that wraps around the building and has a separate exit.Three units are on the main level. Two of these units have 2 separate access doors. Tenants each pay for their heat & electric and are all on separate meters.The owner has recently updated all of the electrical systems in the property, ensuring safety and reliability for years to come. He has taken great care of this property, both inside and out.Bring your imagination to the basement level, which has three separate entrances, and consider the potential uses for this additional space. This could be an excellent opportunity to add value to the property.Located near the heart of Lancaster City, this property is just blocks away from local colleges such as Franklin & Marshall College, and Lancaster Bible College. The area is also home to many local restaurants, cafes, and shops. For those who love fresh produce, the property is conveniently located near local farmers markets such as the Lancaster Central Market, the oldest continuously operating farmers market in the country, and the Lancaster East Side Market. Enjoy a day at the park with nearby attractions such as Musser Park and Buchanan Park. The property is also conveniently located near major highways and public transportation, making it an excellent option for commuters.Don't miss out on this excellent investment opportunity! Schedule your tour today to experience all that 710 Lake Street has to offer.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-05T23:50:45.963.
www.centralpahomesaleteam.com/homes/137664778
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710 Lake Street LANCASTER, PA 17603

  • Price: $850,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 121 min ago
  • ID#: PALA2031730
0
Beds
0
Baths
0
½ Baths
0.26
Acres
4,096
SQFT
$208
$/SQFT
1955
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Welcome to this unique quadraplex located at 710 Lake Street in Lancaster City. This is an excellent investment opportunity for an owner-occupant or investor.Each of the four units in this property offers one bedroom and one bathroom. The units have been well-maintained and feature updated appliances, modern fixtures, and ample closet space. Tenants will appreciate the convenience of having their own washer and dryer in each unit. Each unit has a lot of windows providing a ton of natural light for the occupants.In addition, each tenant will have one parking space included in their rent, and the parking lot is gated for added security. The property has a large parking area and a driveway that wraps around the building and has a separate exit.Three units are on the main level. Two of these units have 2 separate access doors. Tenants each pay for their heat & electric and are all on separate meters.The owner has recently updated all of the electrical systems in the property, ensuring safety and reliability for years to come. He has taken great care of this property, both inside and out.Bring your imagination to the basement level, which has three separate entrances, and consider the potential uses for this additional space. This could be an excellent opportunity to add value to the property.Located near the heart of Lancaster City, this property is just blocks away from local colleges such as Franklin & Marshall College, and Lancaster Bible College. The area is also home to many local restaurants, cafes, and shops. For those who love fresh produce, the property is conveniently located near local farmers markets such as the Lancaster Central Market, the oldest continuously operating farmers market in the country, and the Lancaster East Side Market. Enjoy a day at the park with nearby attractions such as Musser Park and Buchanan Park. The property is also conveniently located near major highways and public transportation, making it an excellent option for commuters.Don't miss out on this excellent investment opportunity! Schedule your tour today to experience all that 710 Lake Street has to offer.
Exterior Features

Architectural Style Ranch/Rambler Assigned Parking Spaces 12 Construction Materials BrickMasonryHardiplank Type Garage YN No Location Type Urban Lot Features LandscapingLevel Parking Features AssignedCircular DrivewayFencedLighted ParkingPaved ParkingSecure Parking Parking Types DrivewayOff StreetParking Lot Pool No Pool Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2048 Appliances DishwasherDryerOven/Range - ElectricRefrigeratorWasherWater Heater Basement Front EntranceFullHeatedOutside EntranceRear EntranceWalkout StairsWindows Basement YN Yes Below Grade Finished Area 2048 Below Grade Unfinished Area 0 Cooling Ductless/Mini-SplitWindow Unit(S)Ceiling Fan(S) Fireplaces Total 0 Flooring CarpetVinyl Heating Hot WaterWall Unit Heating YN Yes Inclusions 2 Of The Units Have Full-Size Washer & Dryers. 1 Of The Units Has A Stackable W/D. Basement Has Both A Full-Size Washer/Dryer And An Additional Stackable Unit. Security Cameras. Interior Features CarpetCeiling Fan(S)Combination Kitchen/DiningCombination Kitchen/LivingStall ShowerTub ShowerWalk-In Closet(S) Security Features Surveillance SysSmoke DetectorSecurity Gate Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventionalBank Portfolio Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Electric Electric Other Existing Lease Type Month To MonthOwner Occupied Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 2071.00 Internet Services Cable Municipality Lancaster City Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes InsuranceTrashSnow Removal Original MLSNumber 802192313316 Owner Pays Lawn/Shrub CareRepairsSewerTaxes - Real EstateTrash CollectionWaterCommon Area MaintenanceSnow Removal Ownership Interest Fee Simple Possession NegotiableSettlement Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5656.00 Tax Assessment Amount 145400.00 Trash Expense 864.00 Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Average Monthly 199 Water Last12 Months 2387.00 Water Source Public Zoning C2 Zoning Description Commercial Urban

Listing courtesy of Berkshire Hathaway Homeservices Homesale Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-05T23:50:45.963.
 
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