12-14 S QUEEN ST Pending

Lancaster,PA 17603

$ 895000

- Bed

- Bath

5160 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,160 sqft

Price per Sqft $173

Subdivision Downtown Lancaster

MLS Listing ID PALA2077480

Style Traditional

Abv Grd Liv Area 5,160

Year Built 1915

Annual Tax Amount $13,559

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including living room, sitting/entrance room, dining room, storage/laundry room, and two bedrooms with a bathroom between. A private rear roof area presents additional possibilities, and the large basement provides ample storage. Commercial spaces utilize mini-splits with A/C. With long-term tenants in place, this turnkey property combines stability with upside opportunity in a prime, high-visibility downtown location just steps from the Marriott, Convention Center, Courthouse, Southern Market, Central Market, shopping, and dining. Don't miss this rare opportunity.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning CB1 CENTRAL BUSINESS CORE

Rooms

Basement Full

Interior

Hot Water Electric

Heating Hot Water,Radiator,Wall Unit

Cooling Ductless/Mini-Split,Ceiling Fan(s)

Flooring Carpet,Laminate Plank,Luxury Vinyl Plank,Other,Vinyl,Wood

Inclusions Refrigerator in Apt #1

Heat Source Natural Gas,Electric

Exterior

Utilities Available Natural Gas Available,Electric Available

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Permanent,Stone

Above Ground Finished SqFt 5160

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

High Schools Mccaskey Campus

School District School District Of Lancaster

Others

Tax ID 334-86479-0-0000

Ownership Fee Simple

SqFt Source 5160

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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