Views
Address
28 E Vine Street Lancaster, PA
Price
$ 1,100,000
Property Attributes
  • MLS#PALA2008088
  • TypeMulti-Family
  • CountyLANCASTER
  • CityLancaster
  • AreaLancaster City
  • Zip17602
  • StyleTraditional
  • Year Built1895
  • Taxes$ 13005
  • Price$ 1,100,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Homesale Realty
Data Source:
Bright MLS - 382 - MD
Property Description

Join the new Southern Market and upcoming Willow Valley Mosaic tower neighborhood! Fantastic mixed use investment opportunity with large parking lot. Perfect for an owner occupant or small business owner to live or work, collecting apartment income, or use as a traditional investment property and capitalize on premium rents due to flexibility of use of space, excellent property condition, and central location. The first floor commercial space offers over 2,200 square feet, is ready to be built out to suit, and features freespan ceilings, exposed brick wall, and rear access to the parking lot. Ideal for office, gallery, yoga or fitness studio, coffee shop and many other uses. The 2nd and 3rd floors feature two fully leased stylish apartments that were completely renovated in 2015/2016 and are producing steady income. Both apartments feature original hardwood floors, granite kitchen counters, stainless steel appliances, in-unit laundry, mini-split heating/cooling units and all-new windows. All spaces feature separate hot water, electric, and gas utilities. At the rear of the building is a lighted 17 space parking lot, accessed by South Christian Street with leased spaces producing additional income. Located a block away from Lancaster's Penn Square, you are within walking distance of all of Lancaster City's major attractions including historic Central Market, Fulton Opera House, Lancaster Convention Center, and countless shops and restaurants.

Price History
11/18/2021 Listed $1,100,000

General Features

Acceptable Financing Cash, Conventional
Accessibility 2+ Access Exits
Appliances Dryer, Oven/Range - Gas, Stainless Steel Appliances, Stove, Washer
Architectural Style Traditional
Basement Interior Access, Unfinished
Construction Materials Brick, Block
Cool Fuel Electric
Cooling Ductless/Mini-Split, Multi Units, Wall Unit
County LANCASTER
Days on Market 11
Electric 200+ Amp Service, Circuit Breakers
Exterior Features Exterior Lighting, Fire Escape, Sidewalks, Street Lights
Flooring Carpet, Ceramic Tile, Hardwood
Garage Y/N No
Heating Radiator, Wall Unit
Interior Features Combination Kitchen/Living, Floor Plan - Open, Upgraded Countertops, Wood Floors
Location Type Downtown
Lot Size Square Feet 9583.20
MLS Area Lancaster City (10533)
Municipality LANCASTER CITY
New Construction No
Numberofunitsvacant 1
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Patio/Porch Features Patio(s), Balcony
Pool Y/N No Pool
Possession Settlement
Price Per Sq Ft 234.14
Property SubType Triplex
Property Type Multi-Family
PropertyCondition Excellent
Rent Control Y/N No
Roof Rubber
School District 300200397286
School District SCHOOL DISTRICT OF LANCASTER
Security Features Smoke Detector
Sewer Public Sewer
Structure Type Detached
Tax Annual Amount 13005.0
Tax Year 2021
Total Units 3
Utilities Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/N No
View Street
Water Access Y/N No
Zoning R-3

Interior Features

Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Furnished Units None
Heating Fuel Electric, Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 4698
Window Features Replacement, Insulated

Exterior Features

Foundation Details Stone
Lot Features Additional Lot(s)
Lot Size Acres 0.22
Lot Size Source Estimated
Navigable Water Y/N No
Parking Features Lighted Parking, Paved Parking
Parking Lot - # Of Spaces 17
Road Responsibility Public
Total Parking Spaces 17
Type of Parking Off Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 17602

Price
AVG $670K
$1.1M
Taxes
AVG $8,783
$13,005
Visits
AVG 7
10
Year Built
AVG 1894
1895

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