344 Beaver Street

Lancaster, PA 17603

$225,000
Price
Beds
1,342 Sq. Ft.
$168 / Sq. Ft.
1,342
Sq. Ft.
$168
per Sq. Ft.

Description

Great investment opportunity in the heart of Lancaster City! This tenant-occupied two-unit property offers stable rental income with excellent potential for appreciation. Both units feature 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. Each unit boasts updated flooring and windows, ensuring modern aesthetics. Additionally, both units are equipped with newer water heaters and convenient washer/dryer hookups in the basement. The property also includes a private fenced...Great investment opportunity in the heart of Lancaster City! This tenant-occupied two-unit property offers stable rental income with excellent potential for appreciation. Both units feature 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. Each unit boasts updated flooring and windows, ensuring modern aesthetics. Additionally, both units are equipped with newer water heaters and convenient washer/dryer hookups in the basement. The property also includes a private fenced backyard, offering tenants a peaceful outdoor retreat. Located just a short walk from downtown Lancaster, residents can enjoy easy access to local shops, restaurants, and entertainment, along with public transportation options right around the corner. Up to date Lancaster City rental licensing inspection and lead certification- passed August 2024. Don't miss out on this income-generating property in a prime location! Contact us today for more information or to schedule a tour.
  1. Listed by Jamie Lynn Hoffman • Fetch Home Management LLC
    P: (484)-949-4401 jamie.h@fetchpm.com

Property Details for 344 Beaver Street

Tax ID Number
334-87289-0-0000
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Side-by-Side
Waterfront
No
Views
City
Garage
No
Expected On Market Date
12-13-2024
LISTING UPDATED: 12/17/2024 08:34 AM

Property Details for 344 Beaver Street

StatusActive
MLS #PALA2061704
Days on Market5
Taxes$1,567 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1859
Lot Size0.08 AC / 3,485 SF
CountyLancaster County

Building Information for 344 Beaver Street

Stories-Residences2Year Built1859Building Size-Lot Size0.08 AC / 3,485 SF

Property Information for 344 Beaver Street

Location
Location
  • Transportation: Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • Elementary School: FULTON E.S. (LANCASTER PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: JOHN F REYNOLDS (LANCASTER PA)
  • MiddleSchoolSource: Listing Agent
  • High School: MCCASKEY CAMPUS (LANCASTER PA)
  • HighSchoolSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Lancaster City (10533)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $39,200
  • Year Assessed: 2024
  • County Tax: $114
  • Improvement Assessed Value: $32,300
  • City Town Tax: $495
  • Land Assessed Value: $6,900
  • Clean Green Assessed: No
  • Land Use Code: 114
  • Agricultural Tax Due: No
  • Zoning: RESIDENTIAL
  • Zoning Dscrp: Residential, two family - dwelling
  • School Tax: $958
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Management, Sewer, Sewer Maintenance, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Trash
  • Water Avg Month: $100
  • Water Prev 12 Months: $1,200
Financial Information
  • Gross Scheduled Income: $24,660
  • Net Operating Income: $18,800
  • Annual Rental Income: $24,660
  • Income Includes: Apartment Rentals
  • Cap Rate: 8.60
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Road Surface Type: Paved
  • Road Responsibility: City/County
  • Location Type: Urban
  • Parcel ID: 4058363
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Bathroom - Stall Shower, Combination Dining/Living, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Recessed Lighting, Window Treatments
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: 2+ Access Exits
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Window Features: Vinyl Clad
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Gutter System, Sidewalks
  • Outdoor Living Structures: Brick
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Water Available, Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 344 Beaver Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 344 Beaver Street

Taxable ValueLand$6,900Additions$32,300Total$39,200
Tax Record2024$1,551 ($129 / month)
Home Facts
Baths2Total Finished SqFt1,342 SqFtAbove Grade Finished SqFt1,342 SqFtStories2Lot Size3,485 SqFtStyleDuplexYear Built1859ZoningR3CountyLANCASTERAPN334-87289-0-0000

Schools near 344 Beaver Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carter And Macrae El School
PublicPK to 5

Reynolds Middle School
Public6 to 8

Mccaskey Campus
Public9 to 12

Phoenix Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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344 Beaver Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on December 13, 2024 by Fetch Home Management LLC, it's currently listed at $225,000. It has been on the market for a total of 5 days and was last sold on July 30, 2020. This listing's school district is Lancaster School District. Nearby schools include Carter And Macrae El School, Reynolds Middle School and Mccaskey Campus. 344 Beaver Street is a 0-bed, 0-bath, 1,342 sqft multi-family home built in 1859.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fetch Home Management LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.