1049 King St, Lancaster, PA 17602
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.
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Rapid Local Plumbing Plumbing Service General Contractor
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Tesla Destination Charger Electric Vehicle Charging Station
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King's Cottage Inn Vacation Rental Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.