Bought with Ryan L. Gearhart • RKG Real Estate, LLC
$299,900
$299,900
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509 E STRAWBERRY ST Lancaster, PA 17602
4,356 Sqft Lot
Key Details
Sold Price $299,900
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2071006
Sold Date 09/15/25
Year Built 1900
Annual Tax Amount $8,068
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare opportunity for Investor or Owner Occupant to receive additional rental income. Property features 3 bedroom home with 2 1/2 baths. Improvements include decorative exposed brick in living room which compliments recessed wall fireplace, updated kitchen and bathrooms, replacement windows, vinyl flooring, raised panel doors and recessed lighting throughout. Home improvement project near completion and need of new owner to apply finishing touches.
3 garages attached for extra storage space or rental income. New owner may want to consider installing new garage doors to add curb appeal. An 83' x 54' parking lot included with possible options to rent, use as guest or business parking.
Detached commercial space is the final feature that makes this property special. 1100 sq ft with open seating area, powder room and kitchen. Commercial space is leased for $1,350 (includes 2 parking spaces) with a September 1st start date.
Potential estimated annual rental income $40,920 ($1,700/month 3br house, $120/month x 3 garages, $1,350/month Commercial Space)
General Partner of Owner is a PA Licensed Real Estate Broker. Owner selling property "As-Is".
*Seller will consider possible owner financing.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMM-RETAIL/ MULTI USE
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 337-84654-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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