$695,000

352 E NEW ST, Lancaster, PA 17602

Multi-Family Home
Built in 1900
3,049sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property 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.

Listing Status:: Active
Date Added:: May 10, 2026
Data Last Updated:: June 23, 2026 at 2:19AM
Listing Office:: Kingsway Realty - Lancaster : 7175698701
Listing Agent:: Ervin J Barkman : 7174684424
MLS ID:: PALA2087384

Flooring: VinylWood
A/C: None
Heating: Hot WaterNatural Gas
Disability Feature: None

Roofing: MetalRubber
General: BrickStone

Originating MLS: BRIGHT_MAIN
School District: SCHOOL DISTRICT OF LANCASTER
County: LANCASTER-PA

Zoning: MIXED USE336-64423-0-0000
View: Street

Utilities: Natural gas available200 amp service
Water: Public
Sewer: Public Septic

Source: BRIGHT_MAIN
Exclusions: Restaurant operator's equipment.

This listing courtesy of Ervin J Barkman , Kingsway Realty - Lancaster

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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