409 High Street Lancaster, PA 17603
1,740 Sq. Ft. / 4,356 Sq. Ft., 0.1 acres lot size / Other
Status: Sold
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Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 17 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property can also be sold with another parking lot at 663 Union (Rear) Street, Lancaster PA 17603 (18 spots) (refer to MLS # PALA182080, as a package deal for $220,000.
property details
Type
Other
Status
Closed
County
LANCASTER
Year Built
1981
Sq. Ft.
1,740
Lot Size
4,356 Sq. Ft., 0.1 acres
Listing Id
PALA2002632
Courtesy Of
Michael Kalata - Berkshire Hathaway HomeServices Homesale Realty +1 (717) 393-0100
List Office Phone
+1 (717) 393-0100
Subdivision
CABBAGE HILL
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Parking Spaces
17
Utility & Building Info
Parcel Number
4067555
Cooling
None
Heating
None
Tax Amount
1778
Building Area Total
1,740 Sq. Ft.
Price Per Sq Ft
$66
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
09/09/2021
09/09/2021
|
Pending |
$115,000
|
Bright MLS (MDBMLS-R) |
|
08/20/2021
08/20/2021
|
Active |
$115,000
|
Bright MLS (MDBMLS-R) |
|
07/26/2021
07/26/2021
|
Active |
$130,000
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
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