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Sold for $440,000
    • $440,000

    506 N Queen St, Lancaster, PA 17603

    5beds
    3baths
    2,553sqft
    Townhouse
    Built in 1885
    -- sqft lot
    $447,400 Zestimate®
    $172/sqft
    $1,755 Estimated rent

    Home value

    $447,400

    $425,000 - $470,000

    $1,755/mo

    Zestimate® history
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    What's special

    New baseboardsReplacement double hung windowsNew paint throughoutLaminated vinyl flooring
    Super duper updated and clean 3 Unit Multi-Family investment building w/ 2 Off Street Parking Spaces w/ excellent cash flow and great tenants in place. Conveniently located one block from Penn Medicine LGH hospital, restaurants, and all conveniences, at the 500 block in the northwest quadrant in Lancaster City. Unit 1 is a 1st floor, 2 bedroom, 1 full bathroom, 6 room spacious apartment bringing $1250 / mo. Unit 2 is a 2nd floor, 1 bedroom, 1 full bathroom, 4 room spacious apartment bringing $1200 / mo. Unit 3 is a 2nd & 3rd floor, 2 bedroom 1 full bathroom 5 room spacious apartment bringing $1250 / mo. 2 Off Street Parking Spots could being additional $50 / mo each for $100 / mo. The building has many important and great upgrades such as replacement double hung windows, laminated vinyl flooring, new paint throughout, 2 new kitchens, stainless steel appliances in unit 2 & 3, new baseboards, new main sewer line and sidewalk. Newly constructed fire escape system. Gas and electric are metered separate and paid by the tenants. Don't delay call and schedule an appointment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Petros Theodore 717-517-6439,

    Coldwell Banker Realty,

    Listing Team: Englert Hostetter Team, Co-Listing Team: Englert Hostetter Team,Co-Listing Agent: James Englert Jr 717-278-2716,

    Coldwell Banker Realty

    Bought with:

    Diana McCready, RS378625

    Howard Hanna Real Estate Services - Lancaster

    Source: Bright MLS,MLS#: PALA2077620MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Stainless Steel Appliance(s), Oven/Range - Gas, Refrigerator, Gas Water Heater
    Features
    • Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Eat-in Kitchen, Kitchen - Table Space
    • Flooring: Ceramic Tile, Laminate
    • Windows: Double Hung, Double Pane Windows, Screens
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,553
    • Total interior livable area: 2,553 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Crushed Stone, Gravel, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Street Lights
    • Pool features: None
    • Frontage length: Road Frontage: 18
    Lot
    • Size: 1,742 Square Feet
    • Features: Level
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3393353100000
    • Zoning: LANC. CITY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Townhouse
    Materials
    • Stone, Rough-In Plumbing, Masonry, Stick Built, CPVC/PVC, Concrete, Brick Veneer
    • Foundation: Stone
    • Roof: Shingle,Rubber
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available, Natural Gas Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Fire Escape
    Location
    • Region: Lancaster
    • Municipality: LANCASTER CITY

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $132,000
    • Annual tax amount: $5,415
    • Date on market: 4/2/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,Bank Portfolio,1031 Exchange,Installment Sale,Lease Purchase,Seller Financing
    • Inclusions: Stoves, Refrigerators
    • Exclusions: Tenants Window Air Conditioning Units, Tenants Personal Items
    • Ownership: Fee Simple
    • Total actual rent: 44400

    Price history

    DateEventPrice
    5/13/2026Sold$440,000-2.2%$172/sqft
    Source: Bright MLS #PALA2077620 Report a problem
    4/20/2026Pending sale$449,900$176/sqft
    Source: Bright MLS #PALA2077620 Report a problem
    4/9/2026Contingent$449,900$176/sqft
    Source: Bright MLS #PALA2077620 Report a problem
    4/2/2026Listed for sale$449,900+141.9%$176/sqft
    Source: Bright MLS #PALA2077620 Report a problem
    3/3/2010Sold$186,000+186.2%$73/sqft
    Source: Public Record Report a problem
    3/28/2006Sold$65,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$5,454 +3.3%$132,000
    2025$5,279 +1.1%$132,000
    2024$5,223 +1.7%$132,000
    2023$5,135 +4.3%$132,000
    2022$4,922 $132,000
    2021$4,922 +1180.8%$132,000
    2020$384 -91.9%$132,000
    2019$4,744 +1134.6%$132,000
    2018$384 -88.5%$132,000 +81.3%
    2017$3,344 +0.9%$72,800
    2016$3,313 +14.6%$72,800
    2015$2,892 $72,800
    2014$2,892 $72,800
    2013-- $72,800
    2012-- $72,800
    2011-- $72,800
    2010-- $72,800
    2009-- $72,800
    2007-- $72,800
    2006-- $72,800
    2005-- $72,800 +10.5%
    2004-- $65,900
    2003-- $65,900
    2002-- $65,900
    2000-- $65,900
    Find assessor info on the county website

    Neighborhood: Ross

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Mccaskey Campus
    • 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.

    Sell for more on Zillow
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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