Sold for $380,000

$380,000

629 N Franklin St, Lancaster, PA 17602

6beds

--baths

--sqft

Triplex

Built in 1924

-- sqft lot

$409,300 Zestimate^®

$--/sqft

$1,671 Estimated rent

Home value

$409,300

$381,000 - $442,000

$1,671/mo

Zestimate^® history

Owner options

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$1,671/mo

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$1,671/mo

Rent Zestimate^®

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$2,418/mo

Est. payment

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$2,418/mo

Est. payment

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What's special

Newer windowsUpdated electricCorner marketNewer roof

Incredible opportunity to own a fully occupied 3 unit with room for rent increases! First floor tenant operates a corner market and is looking to expand their offerings in the near future. Store is responsible for snow, mow, and trash for the entire building. The upstairs apartment is a 3 bedroom unit with a long term tenant who has been there for over 10 years. The back apartment is a recently added 2 bedroom that is modern and beautiful. Each residential unit has a parking space behind the building. Updated electric, newer roof, newer windows, and in great condition! Only a few blocks from the high school. An excellent addition to your investment portfolio, or great for a first time investor who wants to live in one apartment and benefit from the rental income from the other units.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6

Basement

Area: 0

Heating

Baseboard, Hot Water, Natural Gas

Cooling

Wall Unit(s), Electric

Appliances

Included: Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 2
Parking features: Paved, Off Street, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 3,049 Square Feet
Features: Corner Lot, Urban

Details

Additional structures: Above Grade, Below Grade
Parcel number: 3368889200000
Zoning: RESIDENTIAL MIXED USE
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick
Roof: Composition,Shingle,Rubber

Condition

Good
New construction: No
Year built: 1924

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Lancaster

Location

Region: Lancaster
Municipality: LANCASTER CITY

Financial & listing details

Tax assessed value: $119,400
Annual tax amount: $4,645
Date on market: 7/6/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional
Ownership: Fee Simple
Total actual rent: 40800

Price history

Date	Event	Price
9/29/2023	Sold	$380,000-1.3%
Source: Bright MLS #PALA2037416 Report a problem
7/21/2023	Pending sale	$385,000
Source: Bright MLS #PALA2037416 Report a problem
7/6/2023	Listed for sale	$385,000
Source: Bright MLS #PALA2037416 Report a problem