506 N Queen St, Lancaster, PA 17603

Lancaster
Local realty services provided by:ERA OakCrest Realty, Inc.
506 N Queen St,Lancaster, PA 17603
$449,900
  • 5 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: petros theodore, james englert jr
Office: coldwell banker realty
MLS#:PALA2077620
Source:BRIGHTMLS

Price summary

  • Price:$449,900

About this home

Super duper updated and clean 3 Unit Multi-Family investment building w/ 2 Off Street Parking Spaces w/ excellent cash flow and great tenants in place. Conveniently located one block from Penn Medicine LGH hospital, restaurants, and all conveniences, at the 500 block in the northwest quadrant in Lancaster City. Unit 1 is a 1st floor, 2 bedroom, 1 full bathroom, 6 room spacious apartment bringing $1250 / mo. Unit 2 is a 2nd floor, 1 bedroom, 1 full bathroom, 4 room spacious apartment bringing $1200 / mo. Unit 3 is a 2nd & 3rd floor, 2 bedroom 1 full bathroom 5 room spacious apartment bringing $1250 / mo. 2 Off Street Parking Spots could being additional $50 / mo each for $100 / mo. The building has many important and great upgrades such as replacement double hung windows, laminated vinyl flooring, new paint throughout, 2 new kitchens, stainless steel appliances in unit 2 & 3, new baseboards, new main sewer line and sidewalk. Gas and electric are metered separate and paid by the...

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Home facts

  • Year built:1885
  • Listing ID #:PALA2077620
  • Added:1 day(s) ago
  • Updated:March 31, 2026 at 05:43 AM

Rooms and interior

  • Bedrooms:5
  • Flooring:Ceramic Tile, Laminate Plank
  • Kitchen Description:Breakfast Area, Kitchen - Eat-In, Kitchen - Table Space, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric, Natural Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1885
  • Lot Features:Level
  • Architectural Style:Contemporary, Converted Dwelling
  • Construction Materials:Brick Veneer, CPVC/PVC, Concrete, Masonry, Stick Built, Stone
  • Exterior Features:Fire Escape, Sidewalks, Street Lights
  • Foundation Description:Stone

Schools

  • High school:MCCASKEY CAMPUS

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$449,900
  • Tax amount:$5,415 (2025)

Features and amenities

  • Amenities:100 Amp Service, Cable TV Available, Carbon Monoxide Detector(s), Double Hung Windows, Double Pane Windows, Electric Available, Main Entrance Lock, Natural Gas Available

Parking

  • Parking description:Crushed Stone, Gravel Driveway, Off Street

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