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618 626 S Queen St

$1,699,000

618 626 S Queen St, Lancaster, Pa 17603

Active
Last Updated: 02/08/2025

6.7

Cap Rate

113,273.24

NOI

Details:
Cap Rate:    6.7%
NOI:    $113,273.24
Building Size:    12,828 sqft
Year Built:    1900
Price Per Sqft:    $132.44
Zoning:    COMMERCIAL/APARTMENTS/RES
Roof:    Shingle, Rubber, Metal
Highlights:
  • Days on Market: 104
  • Parking Features: Fenced, Private
  • Heating: Baseboard - Electric
Description:

Nearly an acre of Lancaster City property!!!!! 10 Units plus 10 garages!!!!! Sizable footprint just minutes from Lancaster City Square. This offering consists of a 5 unit building, 5 single family houses, 10 garages and a parking lot. The total combined footprint is roughly .63 acres with a sizable vacant area that could present an opportunity for additional expansion and/or density. All units are fully leased.


Property Addresses included in the sale are 618 S Queen St, 620 S Queen St, 622 S Queen St, 624-626 S Queen St, 619 Beaver St, 621 Beaver St. Listed lot square footage and building square footage are estimated and are combined totals for all the offered properties.

TAX IDs included in the sale are 334-34579-0-0000, 334-40665-0-0000, 334-40848-0-0000, 334-37179-0-0000, 334-28147-0-0000, 334-28331-0-0000

Map:
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