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For sale
  • Price cut: $10.1K (7/23)
    $599,900

    540 E King St #542, Lancaster, PA 17602

    --beds
    --baths
    2,352sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Two large garagesAdditional studio unit
    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.*****
    294 days
    on Zillow
    |
    211
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 09:10am

    Listed by:

    Matthew Koch 717-788-8347,

    Keller Williams Elite 7175532500,

    Listing Team: Koch Garpstas Realty Group, Co-Listing Team: Koch Garpstas Realty Group,Co-Listing Agent: David Garpstas 717-208-0253,

    Keller Williams Elite

    Source: Bright MLS,MLS#: PALA2059304MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 540 E King St #542.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,352
    • Total interior livable area: 2,352 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, On Street, Attached, Off Street
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 7,841 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3373141600000
    • Zoning: R3
    • Zoning description: Medium Density
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick, Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Lancaster
    • Municipality: LANCASTER CITY

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $197,200
    • Annual tax amount: $7,803
    • Date on market: 10/23/2024
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: Tenants Personal Property
    • Ownership: Fee Simple
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