🏢 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!
Sold for $275,000 on 08/12/24
$275,000
463 S Prince St, Lancaster, PA 17603
3beds
--baths
3,160sqft
Duplex
Built in 1880
-- sqft lot
$289,100 Zestimate®
$87/sqft
$1,554 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2024 at 02:14pm
Listed by:
Portia Costello 717-344-4094,
Realty One Group Generations,
Co-Listing Team: The Mabel Hinson Team, Co-Listing Agent: Mabel Hinson 717-344-1873,
Realty One Group Generations
Bought with:
Austin Martin, RS365168
Iron Valley Real Estate
Source: Bright MLS,MLS#: PALA2049974

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Forced Air, Wall Unit, Electric, Natural Gas Available
Cooling
- None, Electric
Appliances
- Included: Range, Dishwasher, Double Oven, Refrigerator, Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade
- Parcel number: 3348876300000
- Zoning: MIXED-USE
- Zoning description: Commercial Space on the 1st floor. Apartment on the 2nd floor.
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Masonry
- Foundation: Other
Condition
- Very Good
- New construction: No
- Year built: 1880
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Other
- Ownership: Fee Simple
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$289,100
2% more+ $5,782
With Zillow Showcase(estimated)
$294,882