1 month on rocket

508 S Lime St, Lancaster, PA, 17602

$329,000

Home List Price

$3,907*

Closing Credit

0 Baths
2,331 SqFt
$141/SqFt
Multi

Location

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508 S Lime St, Lancaster$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPublic, On Street
Year Built1890
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
ViewCity
MLS #PALA2061170
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 508 S Lime St

Exceptional investment opportunity! This fully occupied, well-maintained 2-unit property offers steady cash flow and impressive income potential. A brand-new furnace was just installed in November 2024, adding significant value and energy efficiency to the property. Don’t miss this chance to secure a reliable income-generating asset!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1890
  • Living Area: 2,331 SqFt

Listing Office:

  • Office Name: Hostetter Realty
  • Office Phone: (717) 786-6200
  • Listing Agent: John D Fisher

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Stove, Washer, Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminated, Tile/Brick
  • Interior: Combination Kitchen/Dining, Floor Plan - Open, Window Treatments

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Public, On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 508-510 S. Lime St, Lancaster

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $2,350
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, PA.

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Lancaster, PA

City

Med. Sold Price

$320.5K

Med. Price/SqFt

$188

Avg. Days On Market

16

# of Sold Homes

119

508 S Lime St vs Lancaster

31 DAYS ON ROCKET

+15 Days

$329,000

+$8.4K More

$141/SqFt

-$47 Less

KEY TAKEAWAY

This property is $8.4K more than the Median Sold Price and $47/SqFt less than other homes in Lancaster, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2061170

Listing Office:

  • Office Name: Hostetter Realty
  • Office Phone: (717) 786-6200
  • Listing Agent: John D Fisher

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 22, 2018Home Sold
$129,500
Sep 15, 2016Home Sold
$107,500
Jul 07, 2010Home Sold
$104,500
Apr 25, 2006Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,350$63,700
2020$2,324$63,700
2019$2,289$63,700
2018$2,667$63,700
2017$1,764$38,400

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1667876
5
/10

  • King Elementary School

  • 466 Rockland St

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-1667877
4
/10

  • Washington Elementary School

  • 545 S Ann St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-1667878
4
/10

  • Carter and MacRae Elementary School

  • 251 S Prince St

  • 0.46 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,217. Most Lancaster, PA residents have annual incomes less than $35k. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Lancaster, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Lancaster, PA.

Lancaster's housing market is diverse, offering a mix of historic row homes, modern apartments, and spacious single-family residences. The architectural styles reflect the city's rich history, with a notable presence of Colonial and Victorian homes, especially in the downtown area. The housing landscape is a blend, with single-family homes making up a significant portion, complemented by multi-family units and apartments that cater to a range of preferences. The homeownership rate in Lancaster is robust, with a healthy balance between owners and renters.

What is it like to live in Lancaster, PA?

Lancaster is celebrated for its vibrant arts scene and strong sense of community. The city prides itself on its historical significance, with well-preserved buildings and museums that tell the story of its past. Annual events like the Lancaster Festival of the Arts bring the community together, showcasing local talent and fostering a collective appreciation for the arts. The city's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.

Is it easy to get around Lancaster, PA without a car?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Lancaster is home to several healthcare facilities, including a well-regarded hospital that offers a variety of services from emergency care to specialized treatments. The public library system is active, supporting lifelong learning with multiple branches. Retail and dining options are plentiful, reflecting the local culture with a mix of traditional Pennsylvania Dutch cuisine and contemporary eateries. City initiatives are in place to continually improve services to meet the needs of a growing and diverse population.

Transportation in Lancaster, PA.

Lancaster's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns. Public transit options are available, with bus services covering various routes throughout the city. The area's walkability varies, with the downtown core being particularly pedestrian-friendly. Bike lanes and trails are also available for cycling enthusiasts. While specific ride-sharing statistics are not mentioned, such services are commonly used by residents for added convenience. Recent efforts have been made to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all its inhabitants.

Rocket Homes›Pennsylvania›Lancaster County›Lancaster›17602›508 S Lime St

This home is located at 508 S Lime St in Lancaster, PA and zip code 17602. This 2,331 square foot home, which was built in 1890, sits on a 0.09 acre lot. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $329,000.

Over 48 listings were sold over their listed price in November 2024 in Lancaster, PA. In the same period over 33 listings were sold below the listed price and 38 listings were sold for the listed price. In November 2024 in Lancaster, PA there were 4.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 16 days, the median list price was $320,508.

From Rocket Homes Real Estate and based on county public records data.

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