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463 S Prince Street,  Lancaster PA, 17603

(Active)
$325,000
|
1 beds, 3,160 sqft
|
MLS# PALA2049974
Last Updated: 5/14/2024 2:35 AM
Description for 463 S Prince Street Lancaster, PA 17603
Mixed-Use Gem with Lucrative Potential Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area. Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience. Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising. Parking Convenience: No need to worry about parking in the city - this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike. Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure.Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
Price
$325,000
LANCASTER
1
3,160 (approx)
PALA2049974
Active
Description
Mixed-Use Gem with Lucrative Potential Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area. Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience. Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising. Parking Convenience: No need to worry about parking in the city - this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike. Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure.Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!
Listing Information
Property Type: Duplex, Multi-Family, Other
1 0.04 Acres 3,160 (approx)
1880
Public
Public Sewer
Cable Available, Natural Gas Available
Neighborhood
School Information
District: SCHOOL DISTRICT OF LANCASTER
Room Information
Interior Features
Dishwasher, Refrigerator, Double Oven
Electric Heating, Forced Air
Exterior / Lot Features
0.00 x 0.00
Commercial Space on the 1st floor. Apartment on th
Driving Directions
Take 222 South to Hazel street
Financial Considerations
334-88763-0-0000
$6,952
Listing Price History

Lancaster Real Estate

Lancaster is located in Pennsylvania. Lancaster, Pennsylvania 17603 has a population of 61,412.

The median household income in Lancaster, Pennsylvania 17603 is $56,664. The median household income for the surrounding county is $68,791 compared to the national median of $66,222. The median age of people living in Lancaster 17603 is 40 years.

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Courtesy: Realty One Group Generations
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/14/2024 2:35 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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