429 W Vine Street
Lancaster, PA 17603
- – beds
- – baths
- 1,428 sqft
- $206 per sqft
- 1920 build
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Introducing a lucrative opportunity in the sought-after neighborhood of Lancaster's Cabbage Hill! Nestled at 4291/2 W Vine St, this multi-unit property promises an ideal income-generating investment. The updated first-floor 1-bedroom apartment boasts fresh paint, new luxury vinyl flooring throughout, renovated bathroom with ceramic tiling. Offering direct access to a fully upgraded basement space designed with a studio apartment , the first-floor tenant enjoys the additional full basement area . The second-floor apartment exudes contemporary charm with its luxurious vinyl planks, fresh paint, new appliances, and lighting, ensuring a turnkey living experience. Ready to yield passive income and monthly profit, this property comes complete with a side parking area, deeded and available for purchase from the seller. Additionally, the property features a fully repaved driveway, exterior updates, and a freshly painted facade. Generate a substantial monthly income with $1,800 for the first-floor and basement unit, while the second-floor 2-bedroom apartment commands $1,400 per month. Tenants are responsible for water and trash expenses, making this property an enticing investment opportunity in a prime location. Owner Licensed Real estate agent. first floor and basement rent, $1,800 monthly 2 floor 2 bedroom apartment 1,400 tenant pays water and trash. Gross Monthly income: $3,200
Listing courtesy of BRIGHT / Realty One Group Generations
Last checked:
Checking…
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Last updated Nov 6, 2024
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MLS# PALA2055132 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco, Masonry
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Building Levels:3
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Building Units Total:2
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Fully Finished
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Building Winterized:Yes
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1428
Interior
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Flooring Type:Luxury Vinyl Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1428
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Living Area SqFt:1,428 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:FHA, Cash, Conventional, PHFA, VA
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Buyer Financing:Conventional
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Possession:0-30 Days CD
Location
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Directions:Head south on Rohrerstown Rd toward Seitz Dr 0.3 mi Turn left onto Marietta Ave 1.1 mi Turn right onto River Dr 279 ft Turn right to stay on River Dr 0.4 mi Turn right onto Jackson Dr 0.3 mi Turn left onto Columbia Ave 1.3 mi Turn right onto Old Dorwart St 0.2 mi Turn right onto Manor St 43 ft Turn left onto New Dorwart St 0.1 mi Turn left at the 3rd cross street onto W Vine St Destination will be on the left 0.2 mi 429 1/2 W Vine St, Lancaster, PA 17603
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Latitude:40.03537000
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Longitude:-76.31134000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Very Good
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:114
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 344-1873
- Office phone:
- (717) 650-1284
Taxes
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Tax ID Number:338-31312-0-0000
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Tax Year:2024
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Tax Annual Amount:$2,491
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Tax Assessed Value:$62,300
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Year Assessed:2024
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School Tax:1522.0
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County Tax:181.00
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City/Town Tax:787.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric, Natural Gas
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Heating:Yes
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Heating Type:90% Forced Air, Baseboard - Electric
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric, 60+ Gallon Tank
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Water Source:Public
Schools
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High School:MCCASKEY CAMPUS
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School District Name:School District Of Lancaster
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:Off Street
Extra Units
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# of Units:3
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/27/24
Sep 27, 2024
|
Sold | BRIGHT | $295,000 | 1.7% |
8/19/24
Aug 19, 2024
|
Sold Subject To Contingencies | BRIGHT | $290,000 | |
8/9/24
Aug 9, 2024
|
Listed / Active | BRIGHT | $290,000 |