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8-Unit Apartment Building
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444 E King St, Lancaster, PA 17602

Fully leased property with six renovated units and separately metered heating systems.

Property SizeContact for details
Days on Market142

Property Features for 444 E King St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Thiry Commercial
Listed By: John Thiry, CCIM · License #PA RM423648
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thiry Commercial

Investment Insights

Based on property information with market context.

This licensed, fully leased apartment building contains 8 units: 2 two-bedroom apartments, 4 one-bedroom apartments, and 2 efficiency units. Six apartments have received rehabilitation work that included new kitchens, new bathrooms, and replacement windows. Heating systems were separated in 2010, with 2 units served by gas furnaces and 6 using electric baseboard heat.

The landlord pays sewer, water, trash, and gas for hot water. Residents are responsible for heat, electric, and gas. The property is professionally managed and located at 444 E King St in Lancaster, Pennsylvania.

Key Highlights

  • 8‑unit licensed apartment building that is fully leased
  • Unit mix includes 2 two‑bedroom, 4 one‑bedroom, and 2 efficiency units
  • Six units rehabilitated with new kitchens, new baths, and replacement windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Acupuncture Home Appliance Store Carpet & Flooring Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,807
Businesses Nearby

Demographics for 17602, PA

52,665
Population
19,472
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
24.6 sq mi
ZIP Area
2,141
Density / Sq Mi
$71,752
Median Household Income
$38,469
Median Earnings
$1,272
Median Rent
$250,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased property with six renovated units and separately metered heating systems.
Where is this apartment building located?
The property is located at 444 E King St Lancaster, PA.
What are key features of this property?
This property features: 8‑unit licensed apartment building that is fully leased; Unit mix includes 2 two‑bedroom, 4 one‑bedroom, and 2 efficiency units; Six units rehabilitated with new kitchens, new baths, and replacement windows
More about this property
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