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Key Details
Sold Price $295,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,428 sqft
Price per Sqft $206
MLS Listing ID PALA2055132
Sold Date 09/27/24
Style Other
Abv Grd Liv Area 1,428
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,491
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Description
Introducing a lucrative opportunity in the sought-after neighborhood of Lancaster's Cabbage Hill! Nestled at 4291/2 W Vine St, this multi-unit property promises an ideal income-generating investment. The updated first-floor 1-bedroom apartment boasts fresh paint, new luxury vinyl flooring throughout, renovated bathroom with ceramic tiling. Offering direct access to a fully upgraded basement space designed with a studio apartment , the first-floor tenant enjoys the additional full basement area .
The second-floor apartment exudes contemporary charm with its luxurious vinyl planks, fresh paint, new appliances, and lighting, ensuring a turnkey living experience. Ready to yield passive income and monthly profit, this property comes complete with a side parking area, deeded and available for purchase from the seller. Additionally, the property features a fully repaved driveway, exterior updates, and a freshly painted facade.
Generate a substantial monthly income with $1,800 for the first-floor and basement unit, while the second-floor 2-bedroom apartment commands $1,400 per month. Tenants are responsible for water and trash expenses, making this property an enticing investment opportunity in a prime location.
Owner Licensed Real estate agent.
first floor and basement rent, $1,800 monthly
2 floor 2 bedroom apartment 1,400
tenant pays water and trash.
Gross Monthly income: $3,200
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Rooms
Basement Fully Finished
Interior
Hot Water Electric, 60+ Gallon Tank
Cooling Wall Unit
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Tax ID 338-31312-0-0000
Ownership Other
Acceptable Financing FHA, Cash, Conventional, PHFA, VA
Listing Terms FHA, Cash, Conventional, PHFA, VA
Financing FHA,Cash,Conventional,PHFA,VA
Special Listing Condition Standard
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Bought with mabel hinson • Realty One Group Generations