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Spencer Speros
SOLD
$510,000
Date 06/09/2023

445 W LEMON ST
Lancaster, PA 17603

Single Family, Fourplex, Multi-Family
Residential
2,464
Sq. Ft.
0.06
Acre Lot
Courtesy: Iron Valley Real Estate of Lancaster; Phone: 7177402221
Home> Pennsylvania> Lancaster> 17603
Rare opportunity to own a 4-unit building in the heart of Lancaster's West side and Chestnut Hill neighborhood. Located on West Lemon Street, within walking distance to downtown and Central Market, F&M, Buchanan Park, schools, Nightlife, restaurants, galleries, neighborhood stores and shops.Also located in the City's STR (Short Term Rental) district (see attached). We have completely gutted the property and all Electrical (including panels), Mechanical (dedicated, individual heat pump systems in each unit) and Plumbing is brand new (supply and waste lines). Two units have beautiful 1" original wood floors. Architect sealed commercial plans approved and all MEPI's will be signed off by Lancaster City and provided to buyer prior to settlement. This means that the property will be delivered to buyer framed and ready for drywall and fixtures. Unit 1 has kitchen cabinets, sink and faucet. SEE Document section for more info and plans. The hard stuff is done! It's ready for your vision!Projected NET annual Income is $50,700.*This property is best suited for an experienced "flipper".Seller is licensed PA Realtor and property owner.
PALA2030230
Single Family, Fourplex, Multi-Family, Traditional
LANCASTER
1898
0.06 Acres
Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Iron Valley Real Estate of Lancaster; Phone: 7177402221
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.
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