506 N Queen Street Lancaster, PA 17603
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Peter Theodore / Jim Englert Jr.

  506 N Queen Street Lancaster, PA 17603

Coming Soon (1 Days)
$449,900 (USD)

Description

Super duper updated and clean 3 Unit Multi-Family investment building w/ 2 Off Street Parking Spaces w/ excellent cash flow and great tenants in place. Conveniently located one block from Penn Medicine LGH hospital, restaurants, and all conveniences, at the 500 block in the northwest quadrant in Lancaster City.Unit 1 is a 1st floor, 2 bedroom, 1 full bathroom, 6 room spacious apartment bringing $1250 / mo.Unit 2 is a 2nd floor, 1 bedroom, 1 full bathroom, 4 room spacious apartment bringing $1200 / mo.Unit 3 is a 2nd & 3rd floor, 2 bedroom 1 full bathroom 5 room spacious apartment bringing $1250 / mo.2 Off Street Parking Spots could being additional $50 / mo each for $100 / mo.The building has many important and great upgrades such as replacement double hung windows, laminated vinyl flooring, new paint throughout, 2 new kitchens, stainless steel appliances in unit 2 & 3, new baseboards, new main sewer line and sidewalk. Gas and electric are metered separate and paid by the tenants.Don't delay call and schedule an appointment today!

MLS #:
PALA2077620
Taxes
$5,415(2025)
Lot Size
1,742 SQFT
Type
Multifamily
Year Built
1885
Style
Contemporary, Converted Dwelling
School District
School District of Lancaster
County
Lancaster County

Listed By

Peter Theodore, Coldwell Banker Realty
Jim Englert Jr., Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Mar 31 2026 at 12:37 PM GMT-0500
Bathroom Details
Interior Features
  • Refrigerator
  • Combination Kitchen/Dining
  • Kitchen - Eat-In
  • Oven/Range - Gas
  • Breakfast Area
  • Kitchen - Table Space
  • Combination Dining/Living
  • Stainless Steel Appliances
  • Bathroom - Tub Shower
  • Bathroom - Stall Shower
Lot Information
  • Level
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Stone
Heating and Cooling
  • Baseboard - Electric
  • Window Unit(s)
Basement Information
  • Unfinished
  • Full
Flooring
  • Ceramic Tile
  • Laminate Plank
Exterior Features
  • Stone
  • Concrete
  • Masonry
  • Stick Built
  • Rough-In Plumbing
  • Brick Veneer
  • Cpvc/Pvc
  • Roof: Shingle
  • Roof: Rubber
Utility Information
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Sewer: Public Sewer
  • Fuel: Electric, Natural Gas
School Information
  • High School: McCaskey Campus
Parking
  • Gravel Driveway
  • Crushed Stone
Living Area
  • 2,553 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/31/26 05:37