352 E NEW STREET, LANCASTER, PA 17602
NONE AVAILABLE · LANCASTER County
Key Facts
Description
Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.
Property Information
Property Type
Commercial Sale
Year Built
1900
Stories
3
Lot Size
0.07 acres
Lot Dimensions
25x109
Zoning
MIXED USE
Days on Market
61
MLS® Listing#
PALA2087384
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Schools
- District:
- SCHOOL DISTRICT OF LANCASTER
Financial Details
Annual Taxes
$11,507
Tax year 2026
Assessed Value
$278,500
Parcel Number
336-64423-0-0000
Directions
On the corner of E. New Street & N. Plum Street.
Affordability Calculator
$135,000
Estimated monthly payment
$3,593/mo
Principal $540,000 · Est. interest $753,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in LANCASTER, PA
- $380,734
- Median Listing Price
- 38
- Median Days on Market
- 1,873
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 241
- Active Listings
- This home’s price is 77% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in LANCASTER, PA.
Location
Points of Interest in LANCASTER, PA
Showing the LANCASTER area map.
Nearby Schools
St Anne School
School · 0.4 mi away
McCaskey Alumni Association
School · 0.5 mi away
J.P. McCaskey High School
Secondary · 0.5 mi away
Ross Elementary School
Elementary · 0.5 mi away
Wickersham Elementary School
Elementary · 0.5 mi away
Lancaster Catholic High School
Secondary · 0.6 mi away
Resurrection Catholic School
School · 0.6 mi away
Strategy & Resource Development Elementary School
Secondary · 0.7 mi away
La Academia Partnership Charter School
School · 0.7 mi away
McCaskey East High School
Secondary · 0.7 mi away
Lincoln Middle School
Secondary · 0.8 mi away
Brecht Elementary School
Elementary · 0.8 mi away
Schaeffer Elementary School
Elementary · 0.8 mi away
Wonder Club Early Learning Ctr S Lancaster City
School · 0.8 mi away
Thomas Wharton Elementary School
Elementary · 0.9 mi away
Fulton Elementary School
Elementary · 0.9 mi away
Burrowes Elementary School
Elementary · 1.0 mi away
King Elementary School
Elementary · 1.0 mi away
School District of Lancaster
School · 1.1 mi away
Sacred Heart School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 152 E WALNUT STREET, LANCASTER, PA | $474,900 | 3 | — | 3,900 |
| 1837 AMITY DRIVE, LANCASTER, PA | $474,900 | 4 | 3 | 2,995 |
| 1694, 1696, 1698 COLUMBIA AVENUE, LANCASTER, PA | $475,000 | 5 | — | 3,353 |
| 417 Coventry Court, Lancaster Twp, PA | $475,000 | 4 | 3 | 2,200 |
| 1750 NEW HOLLAND PIKE, LANCASTER, PA | $479,900 | 3 | 3 | 1,758 |
| 801 S PRINCE STREET, LANCASTER, PA | $480,000 | — | 1 | 2,254 |
Moving Cost Estimate
EXIT Agents in LANCASTER
Listing Courtesy: Kingsway Realty - Lancaster - 7175698701