11 days on rocket

463 S Prince St, Lancaster, PA, 17603

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
3,160 SqFt
$103/SqFt
Multi
Schools Nearby

Location

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463 S Prince St, Lancaster$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingParking Lot
Year Built1880
HeatingForced Air, Other
CoolingNone
MLS #PALA2049974
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 463 S Prince St

🏢 Mixed-Use Gem with Lucrative Potential 🏢 Welcome to this fantastic mixed-use property located just a block away from downtown Lancaster City! This versatile building offers an exciting opportunity for investors or owner-occupants looking to make their mark in a thriving urban setting. The property is currently tenant occupied. The tenant is paying $1600 per month. Tenant pays all utilities. 🛍️ Commercial Space: The first floor features an unfinished commercial space ready for your vision. With just a bit of closing up and personal touches, this area can become the perfect storefront, office, or studio space, attracting foot traffic from the bustling downtown area. 🏡 Residential Oasis: Upstairs, discover a beautifully renovated 2-bedroom, 2-floor apartment with an open floor plan. This modern living space boasts ample natural light, contemporary finishes, and a layout designed for comfort and convenience. 💰 Lucrative Potential: This property presents a golden opportunity for investors to maximize returns. The combination of a prime location, mixed-use zoning, and a booming local economy makes this investment incredibly promising. 🚗 Parking Convenience: No need to worry about parking in the city – this property comes with 2 off-street parking spots, a coveted amenity for residents and customers alike. 🌆 Prime Location: Enjoy the best of city living with easy access to major highways and a vibrant downtown scene just steps away. Explore local shops, restaurants, entertainment venues, and cultural attractions at your leisure. Don't miss out on this exceptional opportunity to own a mixed-use property with the potential for lucrative returns. Schedule a showing today and envision the endless possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1880
  • Living Area: 3,160 SqFt

Listing Office:

  • Office Name: Realty One Group Generations
  • Office Phone: (717) 650-1284
  • Listing Agent: Portia C Costello

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Double Oven, Refrigerator

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other
  • Cooling: None

School Info

Assigned Schools Information:

  • J. P. McCaskey High School Campus, Public District Grades EE-12
  • Hand Middle School, Public District Grades 6-8
  • Price Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Take 222 South to Hazel street

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $6,482
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, PA.

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Lancaster, PA

City

Med. Sold Price

$310K

Med. Price/SqFt

$181

Avg. Days On Market

16

# of Sold Homes

85

463 S Prince St vs Lancaster

11 DAYS ON ROCKET

-5 Days

$325,000

+$15K More

$103/SqFt

-$78 Less

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $78/SqFt less than other homes in Lancaster, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2049974

Listing Office:

  • Office Name: Realty One Group Generations
  • Office Phone: (717) 650-1284
  • Listing Agent: Portia C Costello

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 8:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2020Home Sold
$110,000
Jun 16, 2017Home Sold
$80,000
Oct 22, 2014Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,482$175,700
2020$6,410$175,700
2019$6,314$175,700
2018$7,356$175,700
2017$4,786$104,200

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5566909
4
/10

  • Price Elementary School

  • 615 Fairview Ave

  • 0.33 miles

  • Public District Grades EE-5

Middle School

school-card-donut-5566910
4
/10

  • Hand Middle School

  • 431 S Ann St

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-5566911
3
/10

  • J. P. McCaskey High School Campus

  • 445 N Reservoir St

  • 1.53 miles

  • Public District Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,571. The majority of Lancaster, PA residents have income less than $35k annually. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Lancaster County›Lancaster›17603›463 S Prince St

This home is located at 463 S Prince St in Lancaster, PA and zip code 17603. This 3,160 square foot home, which was built in 1880, sits on a 0.04 acre lot. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $325,000.

In April 2024, from all listings sold in Lancaster, PA there were more than 36 sold above asking price, over 23 sold below and more than 26 were sold right at the asked price. The number of homes for sale in Lancaster, PA decreased by 0.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 16 days, the median list price was $310,000.

From Rocket Homes Real Estate and based on county public records data.

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