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- LoopNet Team
616 N Duke St
Lancaster, PA 17602
Mixed Use Property Downtown Lancaster, PA · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 3,327 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1890 |
| Building Class | C | Parking Ratio | 3.01/1,000 SF |
| Zoning | RO | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,327 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 3.01/1,000 SF |
| Zoning | RO |
ABOUT 616 N DUKE ST , LANCASTER, PA 17602
Location, Location! Hard to find 4 unit within a block of LGH/Penn Hospital, with a 1,600 SF commercial office space on the first floor and three 1-BR units on the 2nd and 3rd floors. Property also has a 10 car parking lot behind it, accessed by rear alley. Apartments are vacant by choice, but with the close proximity to the hospital, they will be easy to rent. Buyer to verify # of apartments permitted under zoning. VERY IMPORTANT: This is an "open offer" sale; the list price is not intended to reflect expected sale price, it is just a starting point. This property is being sold via a "Highest and Best Offer" process, with all offers due by 1/29/18. Decision on offers to be made early Feb. Please make sure you carefully read ALL the attached documents before showing the property or submitting any offers. Inspection reports from 2017 are available and attached to this Listing. Please refer to inspection reports for detailed information on heating, electrical, plumbing, roof, etc. Buyer is purchasing property as-is and with all faults. Seller and broker make no warranties or representations. Showings require 24 hr notice and are limited to specific times. Please Do Not walk around property exterior during clinic's business hours without a showing appointment. All showings require 24 hours notice; specific showing times are listed in the attached document. Listing agent to be present. Questions? First read the document attached titled "Important information for agents", then if you still have questions please contact listing agent at 717-399-9361 (Office) or 717-475-1022 (Mobile). Things to know: ~Inspection reports from 2017 are also attached as documents. ~ Seller will require a leaseback of the space through June of 2018. ~ List price is not meant to reflect expected sale price - it is only a starting point. ~ There is also a reserved prospect on this property with an existing offer. ~ Please read documents for more details before setting up showings. ~ All offers due by 1/29/18. Decision to be made in February. ~ Do not put in short response times for seller - all offers to be reviewed after 1/29/18 and selection to be made by 2/6. Winning offer to be signed on or before 2/12.
PROPERTY TAXES
| Parcel Number | 336-70684-0-0000 | Improvements Assessment | $202,100 |
| Land Assessment | $50,400 | Total Assessment | $252,500 |
PROPERTY TAXES
