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320 W King St

6 Unit Apartment Building $849,900 ($141,650/Unit) Lancaster, PA 17603

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Executive Summary

Prime income producing opportunity with this 6-unit investment property in the heart of Lancaster City. Featuring a mix of 1, 2, and 3-bedroom units, the property provides a diverse rental appeal. Each unit has its own electric panel and water heater for efficient management. Additionally, the basement offers rentable storage units to generate extra income. The property is lead safe certified and includes new windows, doors, gutters, fresh paint inside and out and includes all new common area luxury vinyl plank flooring. Conveniently located downtown, this property offers proximity to schools, restaurants, healthcare, shopping, parks, and more!
Unit 1 is vacant and the only unit able to be shown. After an offer is accepted the buyer will have 48 hours to view remaining units and the basement. Please be aware there is audio/video surveillance on the property. Call 877-746-9190 to set up a showing, inspection or appraisal.

Property Facts Under Contract

Price	$849,900	Apartment Style	Low Rise
Price Per Unit	$141,650	Building Class	C
Sale Type	Investment	Building Size	5,184 SF
No. Units	6	No. Stories	3
Property Type	Multifamily	Year Built	1920
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$849,900
Price Per Unit	$141,650
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Building Size	5,184 SF
No. Stories	3
Year Built	1920
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.