About This Home

This 0-bedroom, 0-bathroom residential multi family at 205 E KING Street in Lancaster, PA is listed for $995,000 ($326 per sqft). Built in 1870, the home offers 3,049 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1870
  • 0.07 acre lot
  • 2 parking spaces

Property Details

2-car garage
1870
Listing Description

Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a first-floor commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment.

Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility.

The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere.

A private deck and large backyard offer great outdoor living. Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates.

At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting. The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath.

With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

205 E KING Street

Lancaster, PA 17602

MUSSER PARK

Property Details

Construction

Brick

Parking

On StreetGarage - Attached

Heating

Hot Water(Heating)Forced Air

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 205 E KING Street is listed at $995,000 ($326/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1870, 0.07 acre lot, 2 parking spaces.

This property is listed by Anne M Lusk.

AL

Anne M Lusk

License RS210178L

Agent at Lusk & Associates

Listed by Lusk & Associates · Broker phone: (717) 291-9101 · View on Broker Site · Broker website

MLS# PALA2093954· Source: Bright MLS· 71 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

205 E KING Street, Lancaster, PA 17602

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