CHARIS REALTY GROUP

Colonial, Traditional

37 W JAMES STREET

LANCASTER , PA 17603

MLS#: PALA2065958

$434,000

Status: Closed
Listing number: PALA2065958
Listing provided by: Keller Williams Elite
Listing agent phone: None
Last update: 8 months ago
On site: 10 months ago
Browse Properties
LANCASTER GENERAL HOSPITA - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1908

Sq.Footage

2,451

Welcome to this beautiful 3 unit property, located in a highly desirable location in beautiful downtown Lancaster. This offers a wonderful opportunity for both homeowners and investors alike, and Apt 1 can be made available for immediate occupancy for a new owner. Live in one unit and generate rental income from the rest, or make it an ideal multi-generational living space, or enjoy cashflow from a high quality asset for years to come. This property blends modern convenience with classic charm, featuring spacious, well-designed living areas and desirable amenities throughout. Apartments 1 & 3 feature stylish, upgraded kitchens with sleek granite countertops and new appliances. Each apartment has it's own heat and hot water sources, offering the convenience of seperated utilities. Located in Lancaster’s vibrant downtown, you'll have a short walk to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2451.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony

  • Parking

    Off Street, Private, Gravel

  • Patio and Porch Features

    Porch

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    Street, City

Area & Lot

  • Lot Features

    Back Yard

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial, Traditional

Price

  • Sales Price

    $434,000

  • Tax Amount

    $4,847

  • Sq. Footage

    2, 451

  • Price/SqFt

    $177

HOA

  • Association

    No

School District

  • Elementary School

    ROSS E.S.

  • Middle School

    JOHN F REYNOLDS

  • High School

    MCCASKEY H.S.

Property Features

  • Stories

    3

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

LANCASTER

Elementary School

ROSS E.S.

Middle School

JOHN F REYNOLDS

High School

MCCASKEY H.S.

Listing Courtesy of Benuel Esh , Keller Williams Elite

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Olivia Dibert

AGENT

Olivia Dibert

Call Olivia today to schedule a private showing.

(814) 650-4840

olivia@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Welcome to this beautiful 3 unit property, located in a highly desirable location in beautiful downtown Lancaster. This offers a wonderful opportunity for both homeowners and investors alike, and Apt 1 can be made available for immediate occupancy for a new owner. Live in one unit and generate rental income from the rest, or make it an ideal multi-generational living space, or enjoy cashflow from a high quality asset for years to come. This property blends modern convenience with classic charm, featuring spacious, well-designed living areas and desirable amenities throughout. Apartments 1 & 3 feature stylish, upgraded kitchens with sleek granite countertops and new appliances. Each apartment has it's own heat and hot water sources, offering the convenience of seperated utilities. Located in Lancaster’s vibrant downtown, you'll have a short walk to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!

37 W JAMES STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
Excellent opportunity to purchase this newly renovated two unit in Lancaster city! Perfect for the owner occupant who wants to live in the one unit and rent out the other or add it to your rental portfolio and rent out both units! Both units have been fully renovated with new kitchens, flooring and paint! Recent windows and HVAC are additional benefits and all appliances for both units come with, including washer & dryers! Step right in to this turn-key unit and rent to the tenants of your choice at top market value with these beautiful units! Projected market rents are$1295-$1395 for the first floor and $1895 -$1995 for the second floor! The garage in the back adds additional storage space for the property and could be rented as well! Schedule your showing today and be a part of booming Lancaster city!
#PALA2083230

LANCASTER

53 S MARSHALL STREET

4 Beds

None Baths

1,739 Sq.Ft.

$369,900

MLS#: PALA2083230

Beautiful back-to-back Rancher situated on a spacious lot! This versatile 2-unit property offers an ideal opportunity to live in one unit and rent out the other to help cover the mortgage—or use as in-law quarters. • Unit 1: 1 bedroom, 1 full bath, kitchen, living room, plus room for a small office with W/D hookup. • Unit 2: 2 bedrooms, 1 full bath, kitchen, living room, and washer/dryer hookup. Both units are clean, well-kept, and move-in ready. Great investment, generational living option, or income-producing property!
#PALA2079202

LANCASTER

619 MILLERSVILLE ROAD 621

3 Beds

None Baths

1,200 Sq.Ft.

$349,900

MLS#: PALA2079202

Stunningly gorgeous 2 unit property located next to the cafe and ice cream shop called College Treats in desirable Chestnut Hill neighborhood! This property was renovated top to bottom in 2020 and as a result is in a LERTA tax savings program through 2029! The first floor apartment is leased to a tenant for $1,350/month (gas heat and central air; gas and electric paid by Tenant). Apt #2 is the 2nd and 3rd floors of the property and is a 2 bed, 2 bath apartment on a new one year lease for $1,675/month (mini split systems for heat + cooling; Tenant pays electric). Both apartments offer high end finishes including granite counters, wood floors, exposed brick walls, drywall ceilings with recessed lighting, central air, dishwasher, built-in microwave, all vinyl windows & more! There is shared laundry and a shared yard. Easy, non-metered street parking readily available on Marietta, College Ave & Chestnut Streets. All mechanicals, roof, appliances and finishes are only 5 years old. Landlord pays water/sewer, trash, house electric. LERTA Tax savings: 2025: 50% discount on tax bill. Each year the discount decreases by 10% through 2029. CURRENT CAP RATE 6.3%. Gross Income $36,300 at the rents stated herein. Est. NOI $29,532. Income/Expense Proforma with LERTA tax savings details available. Note: The new one year lease on apartment 2 is the tenant who was in apartment one. Tenant took the larger apartment when it became available – this is a testament to the excellent location, conditions, marketability and livability of this property!
#PALA2065742

LANCASTER

772 MARIETTA AVENUE

3 Beds

None Baths

1,844 Sq.Ft.

$469,999

MLS#: PALA2065742

New on site 2 days ago
Exceptional Multi-Family Investment Opportunity in the Heart of Lancaster City! Welcome to your next investment gem! Nestled in the vibrant center of Lancaster City, this well-maintained multi-family property offers location but a lucrative opportunity for savvy investors or those looking to become owner-occupants. With two spacious 2-bedroom, 1-bath apartments and a robust rental history, this property is ready to deliver immediate cash flow and long-term value. Property Features: Two Units: Each apartment boasts two bedrooms/ 1 bathroom, providing ample space for tenants. Bonus Room: The second-floor apartment features a versatile bonus room for additional storage, or space for specific needs. Reliable Income Stream: With a gross monthly income of $3,145 from both units, this property promises a strong return on investment. The first-floor apartment is currently on a month-to-month lease, providing flexibility for an owner-occupant or new rental arrangements. Convenient Amenities: First level apartment can enjoy the convenience of on-site laundry facilities in the basement for the first-floor apartment, making laundry day a breeze. Parking & Accessibility: With four off-street parking spaces, each tenant has one space where they can appreciate the ease of access to their homes. Two additional spaces have been rented long term to a local business on a month to month basis. Recent Upgrades: The property features a new hot water heater and furnace for the first-floor apartment, ensuring peace of mind and energy efficiency for years to come. Location: Located just minutes from Lancaster General Hospital, this property is ideally situated for healthcare professionals, city workers, and anyone looking to enjoy the vibrant culture and amenities Lancaster City has to offer—from exquisite dining options to unique shops and galleries. Owner-Occupied Potential: For those looking to make this property their home, consider living in one apartment while renting out the other, generating income to offset your living expenses. It’s the perfect opportunity to invest in your future while enjoying the comforts of home. Don’t Miss Out! With a solid rental income and potential for owner occupancy, the possibilities are endless. Whether you're a first-time investor or a seasoned real estate mogul, this listing is your chance to secure a piece of Lancaster City that promises both lifestyle and investment potential. Schedule your private showing today and explore the incredible possibilities that await at this outstanding property! NOTE: Buyer to verify all information provided. Listing agent is also the property management company and would be interested in retaining management service upon the sale.
#PALA2082336

LANCASTER

128 E NEW STREET

4 Beds

None Baths

2,474 Sq.Ft.

$360,000

MLS#: PALA2082336

Unlock the potential of cash flow with this Exceptional Triplex located in the heart of Lancaster, PA! This multi-family residential property offers a unique opportunity for investors looking to expand their portfolio or enter the rental market. Property Highlights: Three Separate Units : Each unit is designed for optimal living space, providing tenants with comfort and privacy. Strong Rental History : This property has a proven track record of consistent rental income, making it a reliable investment choice. Prime Location : Situated in a vibrant West End neighborhood, residents will enjoy easy access to local amenities, public transportation, and the rich culture of Lancaster City. Cash Flow Potential : With the ability to generate significant monthly income, this triplex is perfect for investors seeking to maximize their return on investment. Off Street Parking : Currently 3 of 4 parking spots are leased for $30/month/spot generating additional recurring revenue. Opportunity for Value-Add : With some updates and renovations, you can increase rental rates and enhance property value.
#PALA2075690

LANCASTER

514 W ORANGE STREET

4 Beds

None Baths

2,604 Sq.Ft.

$457,000

MLS#: PALA2075690

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service