618 South Queen Street

Lancaster, PA 17603

$1,700,000
Price
Beds
12,828 Sq. Ft.
$133 / Sq. Ft.
12,828
Sq. Ft.
$133
per Sq. Ft.

Description

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...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. 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
  1. Listed by Matthew Joseph Koch • Keller Williams Elite
    P: (717)-475-7654 matthew@kghomegroup.com
  2. Listed by David Garpstas • Keller Williams Elite
    P: (717)-208-0253 dgarpstas@kw.com

Property Details for 618 South Queen Street

Tax ID Number
334-37179-0-0000
Ownership
Fee Simple
Structure Type
Other
Style
Converted Dwelling
Waterfront
No
Garage
Yes
Subdivision
LANCASTER
Subdivision
LANCASTER (LANCASTER PA)
LISTING UPDATED: 11/16/2024 09:10 AM

Property Details for 618 South Queen Street

StatusActive
MLS #PALA2059446
Days on Market28
Taxes$10,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.63 AC / 27,443 SF
CountyLancaster County

Building Information for 618 South Queen Street

Stories-Residences4Year Built1900Building Size-Lot Size0.63 AC / 27,443 SF

Property Information for 618 South Queen Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $256,600
  • Year Assessed: 2024
  • County Tax: $746
  • Improvement Assessed Value: $143,000
  • City Town Tax: $3,243
  • Land Assessed Value: $113,600
  • Clean Green Assessed: No
  • Land Use Code: COMM
  • Zoning: COMMERCIAL/APARTMENTS/RES
  • Zoning Dscrp: Commercial/Apartments, Residential-Single Family Dwelling
  • School Tax: $6,271
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Electricity, Insurance, Lawn/Shrub Care, Management, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water, Other
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 3
  • Units Leased Count: 20
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $50,767
  • Operating Expense Includes: Insurance, Snow Removal, Trash
Financial Information
  • Gross Income: $164,040
  • Net Operating Income: $113,273
  • Annual Rental Income: $164,040
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.70
  • Existing Lease Type: Long Term, Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 12,828.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 4058050
Parking
Parking
  • Type Of Parking: Off Street, Detached Garage
  • Num of Detached Garage Spaces: 10
  • Total Garage Spaces: 10
  • Off Street - # of Spaces: 6
  • Parking Features: Fenced, Private, Stone Driveway
  • Garage Features: Garage - Side Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service, 60 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 618 South Queen 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 618 South Queen Street

Taxable ValueLand$10,100Additions$38,300Total$48,400
Tax Record2024$1,915 ($160 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,060 SqFtAbove Grade Finished SqFt1,060 SqFtStories2Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1860ZoningR3CountyLANCASTERAPN334-34579-0-0000

Schools near 618 South Queen 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
Price El School
PublicPK to 5

Jackson 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.

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618 South Queen Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on October 28, 2024 by Keller Williams Elite, it's currently listed at $1,700,000. It has been on the market for a total of 28 days and was last sold on May 30, 2014. This listing's school district is Lancaster School District. Nearby schools include Price El School, Jackson Middle School and Mccaskey Campus. 618 South Queen Street is a 0-bed, 0-bath, 12,828 sqft multi-family home built in 1900.

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 Keller Williams Elite

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.