540-542 E King St, LANCASTER, PA 17603

Local realty services provided by:ERA Cole Realty
540-542 E King St,LANCASTER, PA 17603
$599,900
  • - Beds
  • - Baths
  • 2,352 sq. ft.
  • Multi-family
  • Active
Listed by:matthew joseph koch
Office:keller williams elite
MLS#:PALA2059304
Source:BRIGHTMLS

Price summary

  • Price:$599,900
  • Price per sq. ft.:$255.06

About this home

Turn Key 5 unit building(4 units/large 2 bay garage) located in Historic Downtown Lancaster City. Lancaster City rentals are in high demand and 540-542 E King St is an opportunity for you to join the amazing growth that Lancaster City is experiencing or add to your already existing portfolio. This property has 4, large one bedroom apartments. In addition to the 4 units, the property offers two large garages for additional income potential or personal use. There is ample space for parking to offer to the tenants or for additional monthly revenue. *****There is an additional studio unit currently not being rented that could potentially be licensed and added to the rent roll.*****

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Home facts

  • Year built:1890
  • Listing Id #:PALA2059304
  • Added:295 day(s) ago
  • Updated:August 14, 2025 at 01:30 PM

Rooms and interior

  • Living area:2,352 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1890
  • Building area:2,352 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,900
  • Price per sq. ft.:$255.06
  • Tax amount:$7,803 (2025)