506 N Queen St

Lancaster, PA 17603
  • $449,900

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,553

    SqFt

About the Listing 1056 - 3253739,3234430

Super duper updated and clean 3 Unit Multi-Family investment building w/ 2 Off Street Parking Spaces w/ excellent cash flow and great tenants in place. Conveniently located one block from Penn Medicine LGH hospital, restaurants, and all conveniences, at the 500 block in the northwest quadrant in Lancaster City. Unit 1 is a 1st floor, 2 bedroom, 1 full bathroom, 6 room spacious apartment bringing $1250 / mo. Unit 2 is a 2nd floor, 1 bedroom, 1 full bathroom, 4 room spacious apartment bringing $1200 / mo. Unit 3 is a 2nd & 3rd floor, 2 bedroom 1 full bathroom 5 room spacious apartment bringing $1250 / mo. 2 Off Street Parking Spots could being additional $50 / mo each for $100 / mo. The building has many important and great upgrades such as replacement double hung windows, laminated vinyl flooring, new paint throughout, 2 new kitchens, stainless steel appliances in unit 2 & 3, new baseboards, new main sewer line and sidewalk. Newly constructed fire escape system. Gas and electric are metered separate and paid by the tenants. Don't delay call and schedule an appointment today!

Listing Highlights

Status Pending
Days on Site 37
Property Type Multi-Family
MLS ® PALA2077620
Year Built 1885
Total Square Footage 2,553
Lot/Acreage 0.04

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Stainless Steel Appliances, Oven/Range - Gas, Refrigerator
  • Air Cond: Window Unit(s)
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor: Ceramic Tile,Laminate Plank
  • Above Ground Sq Ft: 2553
  • Below Ground Sq Ft: 0
  • Basement: Full,Unfinished
  • Other: Bathroom - Tub Shower,Bathroom - Stall Shower,Breakfast Area,Combination Dining/Living,Combination Kitchen/Dining,Kitchen - Eat-In,Kitchen - Table Space
  • Water: Public

Exterior Details

  • Lot Description: Level,Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: LANC. CITY
  • Roof: Shingle,Rubber
  • Others: Sidewalks,Street Lights,Fire Escape
  • Sewer: Public Sewer
  • Parking Features: Crushed Stone,Gravel Driveway,Off Street,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $5,415
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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506 N Queen St Lancaster, PA 17603

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Originating MLS: BRIGHT_MAIN

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