Listed By:
BHHS Fox & Roach Wayne-Devon
514 Park Avenue, Lancaster, PA
$ 425,000
Property Attributes
  • MLS#PALA2042150
  • TypeSingle Family
  • CityLancaster
  • AreaLancaster City
  • NeighborhoodLancaster
  • Zip17602
  • StyleTraditional
  • Year Built1922
  • Taxes$ 5654
  • Price$ 425,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2190
  • Lot Size4,792 SqFt
Data Source:
Bright MLS
Property Description

Fantastic investment opportunity in Lancaster City! 514 Park Ave is an updated Duplex with lots of character and charm. 2 Units that each have 2 spacious bedrooms and 1 bathroom. Both units feature beautiful built-in storage and open floor plans. First floor unit has beautiful stained glass windows and French doors. Newer roof (replaced in 2021) and solar panels. Huge 3-bay garage with electric and heat. Garage also has a newer commercial grade roof. Property is fully rented until September of 2024. An excellent investment property with a cap rate of 8.5% for the current owners.

Price History
10/18/2023 Listed $440,000
11/3/2023 4% - $425,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Hot Water,Radiant
Cooling Window Unit(s)
Possession Negotiable
Roof Composite,Shingle
Appliances Refrigerator,Dishwasher,Disposal,Washer,Dryer
Exterior Features Awning(s)
Garage Spaces 3.00
Pool Y/N No Pool
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s),Smoke Detector
Construction Materials Brick,Masonry
Year Built 1922
Electric 200+ Amp Service
Levels 2
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name LANCASTER
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Senior Community Y/N No
MLS Area Lancaster City (10533)
Lot Size Square Feet 4792.00
Waterfront Y/N No
Tax Annual Amount 5654.0
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 194.06
Acceptable Financing Cash,Conventional,FHA,VA
Vacation Rental Y/N No
Days on Market 94
School District 300200397286

Interior Features

Heating Fuel Natural Gas,Electric
Basement Full
Flooring Hardwood
Total Fireplaces 1
Hot Water Natural Gas
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2190
Full Baths 2
Central Air Y/N No
Total Bedrooms 4
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 2
Bedrooms Count Upper Level 1 2
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Water Source Public
Total Parking Spaces 3
Garage Features Garage Door Opener
Type of Parking Detached Garage,Off Street,On Street,Driveway
Foundation Details Stone
Spa No
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.11
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 3


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 17602

AVG $580K
AVG $6,515
AVG 232
Data Provided by Inside Real Estate®
Year Built
AVG 1949
AVG 53
Data Provided by Walkscore® not using MLS data