509 E STRAWBERRY ST Active Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17602
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,503 sqft
Price per Sqft $199
Subdivision Lancaster
MLS Listing ID PALA2071008
Style Traditional
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $8,068
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type End of Row/Townhouse
Property Description
Rare opportunity for Investor or Owner Occupant to receive additional rental income. Property features 3 bedroom home with 2 1/2 baths. Improvements include decorative exposed brick in living room which compliments recessed wall fireplace, updated kitchen and bathrooms, replacement windows, vinyl flooring, raised panel doors and recessed lighting throughout. Home improvement project near completion and need of new owner to apply finishing touches.
3 garages attached for extra storage space or rental income. New owner may want to consider installing new garage doors to add curb appeal. An 83' x 54' parking lot included with possible options to rent, use as guest or business parking.
Detached commercial space is the final feature that makes this property special. 1100 sq ft with open seating area, powder room and kitchen. Commercial space is leased for $1,350 (includes 2 parking spaces) with a September 1st start date.
Potential estimated annual rental income $40,920 ($1,700/month 3br house, $120/month x 3 garages, $1,350/month Commercial Space)
General Partner of Owner is a PA Licensed Real Estate Broker. Owner selling property "As-Is".
*Seller will consider possible owner financing.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMM-RETAIL/ MULTI USE
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplaces Number 1
Laundry Hookup
Exterior
Parking Features Garage - Front Entry
Garage Spaces 9.0
Water Access N
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard