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Property profile & analytics
OFF-MARKET
Multifamily properties

1049 King St Lancaster, PA 17602

5,125 SF 0.32 ac lot Built 1915
Property ID
US73-5929709
Property summary
AI-generated overview

This exceptional investment opportunity presents a meticulously restored historic home, listed on the National Register, located at 1049 E King Street in Lancaster, PA. The property boasts a total of 5,125 square feet situated on a 0.32-acre lot. Currently operating as a successful short-term rental, the property comprises a main house featuring eight bedrooms, each with its own bathroom, three whirlpool tubs, and numerous classic clawfoot tubs. All bedrooms include fireplaces, adding to the home's unique charm and character. The main house is complemented by two separate one-bedroom, one-bathroom units, each with exterior access, providing additional rental income streams. The property is fully furnished and ready for immediate occupancy. Exterior amenities include ample off-street parking with an electric vehicle charger, a serene koi pond garden area, and a firepit, enhancing the property's appeal and functionality. Priced at $995,000, this property offers a rare blend of historic significance, modern amenities, and strong rental potential, making it an ideal investment for discerning buyers. The property's location offers proximity to the city's attractions while maintaining a peaceful neighborhood setting.

Property profile
Verified
Property type Multifamily properties
Year built 1915
Total area 5,125 SF
Lot 0.32 ac (13,939 SF)
UPID US73-5929709
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rapid Local Plumbing Plumbing Service General Contractor
  • Tesla Destination Charger Electric Vehicle Charging Station
  • King's Cottage Inn Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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