Lancaster, PA 17603,814 -820 6TH ST
Lancaster, PA 17603,814 -820 6TH ST
Lancaster, PA 17603,814 -820 6TH ST
Lancaster, PA 17603,814 -820 6TH ST
Lancaster, PA 17603,814 -820 6TH ST
Lancaster, PA 17603,814 -820 6TH ST
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$471,000

$475,000

0.8%
Est.Price: ?

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Est. payment /mo

10,000 SqFt


SOLD DATE : 09/29/2023

Key Details

Sold Price $471,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $47

Subdivision West End Of City

MLS Listing ID PALA2037354

Sold Date 09/29/23

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $13,042

Tax Year 2023

Lot Size 10,060 Sqft

Acres 0.23

Property Description

This Unique Income Producing Property offers 4 tax parcels all on one deed! Featuring 6 rented dwelling units & 2 separate garages with large storage/workshop space to provide a steady flow of income for investors. Each tenant pays their own electric and gas. Owner pays taxes, insurance, W/S/T & common electric. 814 6th St. is a 2 unit, 2 story with a detached 1 car garage & enormous storage/workshop. The 1st floor studio ($680 MTM) & 2nd floor 1 BR ($625 1 Year), both have electric BB heat. The detached side garage is not currently rented but will provide nice additional income or the new owner can use as their own storage space. 816 6th street is a 1 BR/studio with new water heater. ($650). The final 2 parcels feature 2.5 story brick duplexes with gas heat. 818 6th St (Left Side multi-unit) 1st floor is currently used as a 2BR ($780 MTM) & 2nd floor w/finished attic ($780 MTM). 820 6th St (Right Side-Single Family Home) is a spacious 3 BR/1 BA home with a partially finished basement, 2nd full bathroom and off-street parking. ($975 MTM – In addition to the electric and gas, this tenant also pays their own water/sewer.) To the rear of the property is a very large detached garage that has its own electric, commode and sink. ($600MTM). This expansive property must be sold together as the garage/storage buildings flow between parcels and are on one deed. Lots of great income potential with this investment property! The seller has owned the property since 1994 and many of the tenants are long time renters. Convenient to shopping, downtown and bus routes. (Tax Parcels: 338-9967300000 / 338-9767500000/ 338-9567600000 / 338-9347800000). Taxes on MLS reflect all properties combined. See info under documents for Income/Expense info.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL - R3

Interior

Hot Water Electric

Heating Baseboard - Electric, Baseboard - Hot Water

Cooling None

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 2.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Mccaskey H.S.

School District School District Of Lancaster

Others

Tax ID 338-9967300000/-9767500000/-9567600000/-9347800000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jennifer M Figlio • Welcome Home Real Estate
Bought with Jennifer L. King • RE/MAX Of Reading
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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