709 N Duke St, Lancaster, PA 17602 | For Sale

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For Sale $929,000

$929,000
  • (0)
  • 5 Units
  • Unknown Sq Ft
  • 6,098 Sq Ft
  • Unknown Cap Rate

Description

Welcome to this gorgeous, newly renovated 5 unit property! You'll love the location in beautiful downtown Lancaster, just steps from LGH hospital. The new owner will get the benefit of what's practically a new building, and get to enjoy cash flow from a high quality asset for years to come. The property blends modern convenience with classic charm, featuring spacious, well-designed living areas and desirable amenities such as high ceilings and hardwood floors throughout. Each residence features stylish, fully upgraded kitchens with sleek granite countertops, tile backsplashes, and all-new appliances, including dishwashers. The bathrooms provide a similar level of finishes, featuring plenty of tile throughout. Enjoy the comfort of central air, all new HVAC systems to keep utility bills in check, and a laundry area in the lower level provided for the convenience of tenants. Additional upside could include additional parking in the large rear lot or potentially even building additional apartments, or creating storage in the large, dry basement area. The location means you'll have a short walk to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes and 1/2 mile to the Amtrak station for convenient access to Philly, NYC and much more. Don’t miss out on this opportunity—schedule your tour today!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $929,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 3 stories
Parking Spots 0 spots
Year Built 1890
Last Sold Unknown
Sold Price Unknown
APN # 3369475900000
MLS # PALA2062256
Property ID 321132323
Lot Sqft 6,098
Zoning RESIDENTIAL
Total Units 5
Days on Market 20
Original List Price Unknown
Date Updated January 06, 2025
Date Created December 22, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $86,100 $0
Cap Rate 6.00%

Listing Provided By

Benuel Esh an agent of . Lic #RS329980


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Data last updated: January 11, 2025.
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