506 W King Street
Lancaster, PA 17603
- – beds
- – baths
- 1,832 sqft
- 3,049 sqft lot
- $144 per sqft
- 1915 build
Prime 2-unit investment property in Lancaster City with off street parking! This duplex features a spacious 3-bedroom, 1-bath unit in the front main house and a small 1-bedroom 1-bath unit in the back. Both units have separate electric meters. Unit 1 has natural gas forced air heat and Unit 2 has electric baseboard. Unit has has been updated, new kitchen and bathroom in 2019. Side yard is a shared space. Located close to downtown and public transportation. A great opportunity for investors looking to expand their portfolio with a well-located, income-producing asset!
Last checked:
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Last updated Mar 25, 2025
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MLS# PALA2065650 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Roof:Shingle
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New Construction:No
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Construction Materials:Stucco, Masonry
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Building Units Total:2
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Structure Type:End of Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:2+ Access Exits
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Foundation Details:Stone
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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:1832
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1832
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Living Area SqFt:1,832 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:GPS
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Latitude:40.03676987
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Longitude:-76.31496429
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.07
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:3,049 Sqft
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Zoning:RESIENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview: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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 598-3327
- Office phone:
- (717) 407-3933
Taxes
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Tax ID Number:338-30316-0-0000
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Tax Year:2024
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Tax Annual Amount:$3,161
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Tax Assessed Value:$79,900
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Year Assessed:2025
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School Tax:1919.0
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County Tax:232.00
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City/Town Tax:1009.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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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
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:2
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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One Bedroom Units:1
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Three 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 |
---|---|---|---|---|
3/21/25
Mar 21, 2025
|
Listed / Active | BRIGHT | $265,000 |