Location...Location...Location! Located in the heart of downtown Lancaster...this well maintained 4 unit apartment building is close to everywhere you want to be in Lancaster. Neighbors to Red Rose Transit Authority, Brooklyn Pizza, Subway and many other restaurants and retail users, this building defines Prime Real Estate! In just a year from now a 12 story and 142 unit luxury apartment building will be standing directly across the street from this building. The project will consists of studio apartments , 1 bedroom and 2 bedroom units priced from $1300-$2000 per month. 243-245 N Queen St consists of 2700 sqft of storefront along with 3 nicely sized and updated apartments that are all occupied. It's not often an income producing property like this hits the market so don't miss your opportunity to be the New Owner!
Sold for $725,000
$725,000
243 N Queen St #245, Lancaster, PA 17603
5beds
3baths
6,249sqft
Retail
Built in 1870
-- sqft lot
$900,700 Zestimate®
$116/sqft
$1,975 Estimated rent
Home value
$900,700
$820,000 - $1.00M
$1,975/mo
Zestimate® history
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$4,684/mo
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Brooklyn pizzaStudio apartments
Zillow last checked:
Listing updated:
Listed by:
Lance Lopez 717-917-0362,
Coldwell Banker Realty
Bought with:
Lance Lopez
Coldwell Banker Realty
Source: Bright MLS,MLS#: PALA2030116
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Radiator, Other, Oil
Cooling
- Window Unit(s), Electric
Appliances
- Included: Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 6,249
- Total interior livable area: 6,249 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Exterior features: Awning(s), Sidewalks
- Pool features: None
Lot
- Size: 3,049 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 3367168300000
- Zoning: COMMERIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Brick
- Roof: Flat,Rubber
Condition
- Very Good
- New construction: No
- Year built: 1870
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $294,600
- Annual tax amount: $11,184
- Date on market: 3/1/2023
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 68280
- Income includes: Apartment Rentals, Other
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $725,000-3.3%$116/sqft |
Source:  Bright MLS #PALA2030116 Report a problem | ||
| 6/15/2023 | Pending sale | $749,900$120/sqft |
Source: Bright MLS #PALA2030116 Report a problem | ||
| 5/9/2023 | Price change | $749,900-6.3%$120/sqft |
Source: Bright MLS #PALA2030116 Report a problem | ||
| 3/1/2023 | Listed for sale | $799,900$128/sqft |
Source: Bright MLS #PALA2030116 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central Business District
Nearby homes
- $--1 bd1 ba-- sqft243 N Queen St #2F, Lancaster, PA 17603Off Market
- $--2 bd1 ba1.1k sqft243 N Queen St APT 3, Lancaster, PA 17603Off Market
- $---- bd-- ba-- sqft241 N Queen St, Lancaster, PA 17603Off Market
- $15,600-- bd-- ba-- sqft247 Queen St REAR N, Lancaster, PA 17602Off Market
- $15,600-- bd-- ba-- sqft249 N Queen St REAR N, Lancaster, PA 17603Off Market
- $588,0004 bd3 ba3.3k sqft12 E Walnut St, Lancaster, PA 17602Off Market
- $1,612,500-- bd-- ba8.7k sqft255 N Queen St, Lancaster, PA 17603Off Market
- $--1 bd1 ba-- sqft6 E Walnut St APT 1B, Lancaster, PA 17602Off Market
Nearby schools
GreatSchools rating
- 5/10Fulton El SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Reynolds Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10McCaskey CampusGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: Mccaskey H.s.
- 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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- Pennsylvania
- Lancaster County
- Lancaster
- 17603
- Central Business District
- 243 N Queen St Unit 245
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