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Sold for $540,000
  • $540,000

    1037 E King St, Lancaster, PA 17602

    8beds
    6baths
    5,768sqft
    Quadruplex
    Built in 1900
    -- sqft lot
    $642,800 Zestimate®
    $94/sqft
    $1,421 Estimated rent

    Home value

    $642,800

    $579,000 - $714,000

    $1,421/mo

    Zestimate® history
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    $3,472/mo

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    $3,472/mo

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    What's special

    INVESTMENT OPPORTUNITY! Located close to downtown Lancaster City, as well as having convenient access to route 30, This 4 unit in Lancaster Township features two separate dwellings. The main house contains 2 units, and is full of character and charm. The first floor unit contains 2 bedrooms and 1 and a half baths, laundry and access to the basement. The second floor unit has 3 bedrooms, 1.5 baths and use of the third floor. Units 3 and 4 are in the second dwelling with two bedrooms in the lower level and a 1 bedroom unit on the upper level. The convenient off street parking lot features plenty of parking spaces. The roof on the main house was replaced in 2023, and in 2019 on the second dwelling. Units 1 and 2 are currently rented month to month, unit 3 is leased through June. Unit 4 is currently vacant and ready for a new tenant. Professional pictures coming soon

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Hess 717-575-5796,

    Realty One Group Generations

    Bought with:

    Terry Grinestaff, RS175421L

    Advanced Realty Services

    Source: Bright MLS,MLS#: PALA2043548MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Washer, Dryer, Electric Water Heater, Gas Water Heater
    Features
    • Pantry
    • Flooring: Carpet, Hardwood, Vinyl, Wood
    • Windows: Wood Frames, Vinyl Clad
    • Has fireplace: No
    Interior area
    • Total structure area: 5,768
    • Total interior livable area: 5,768 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Asphalt, Paved, Parking Lot, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Exterior features: Sidewalks, Balcony
    • Pool features: None
    Lot
    • Size: 0.59 Acres
    • Features: Front Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3405525700000
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Brick, Masonry
    • Foundation: Stone
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Lancaster
    • Municipality: LANCASTER TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/28/2024Sold$540,000-1.8%$94/sqft
    Source: Bright MLS #PALA2043548 Report a problem
    2/22/2024Pending sale$549,900$95/sqft
    Source: Bright MLS #PALA2043548 Report a problem
    2/12/2024Listed for sale$549,900$95/sqft
    Source: Bright MLS #PALA2043548 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,764 +1.5%$197,000
    2024$5,681 +2.4%$197,000
    2023$5,550 +6.3%$197,000
    2022$5,219 $197,000
    2021$5,219 +593.4%$197,000
    2020$753 -84.8%$197,000
    2019$4,954 +558.2%$197,000
    2018$753 -85.4%$197,000 +25.3%
    2017$5,139 +1.9%$157,200
    2016$5,045 +20.3%$157,200
    2015$4,194 $157,200
    2014$4,194 $157,200
    2013-- $157,200
    2012-- $157,200
    2011-- $157,200
    2010-- $157,200
    2009-- $157,200
    2007-- $157,200
    2006-- $157,200
    2005-- $157,200 +13.3%
    2004-- $138,800
    2003-- $138,800
    2002-- $138,800
    2000-- $138,800

    Find assessor info on the county website

    Neighborhood: East Side

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: School District Of Lancaster

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $642,800
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    +$12,856
    With Zillow Showcase(estimated)
    $655,656