128 E New St, Lancaster, PA 17602

Local realty services provided by:ERA Martin Associates
128 E New St,Lancaster, PA 17602
$360,000
  • 4 Beds
  • - Baths
  • 2,474 sq. ft.
  • Multi-family
  • Active
Listed by: robert lagrassa
Office: signature property professionals llc.
MLS#:PALA2082336
Source:BRIGHTMLS

Price summary

  • Price:$360,000
  • Price per sq. ft.:$145.51

About this home

Exceptional Multi-Family Investment Opportunity in the Heart of Lancaster City! Welcome to your next investment gem! Nestled in the vibrant center of Lancaster City, this well-maintained multi-family property offers location but a lucrative opportunity for savvy investors or those looking to become owner-occupants. With two spacious 2-bedroom, 1-bath apartments and a robust rental history, this property is ready to deliver immediate cash flow and long-term value. Property Features: Two Units: Each apartment boasts two bedrooms/ 1 bathroom, providing ample space for tenants. Bonus Room: The second-floor apartment features a versatile bonus room for additional storage, or space for specific needs. Reliable Income Stream: With a gross monthly income of $3,145 from both units, this property promises a strong return on investment. The first-floor apartment is currently on a month-to-month lease, providing flexibility for an owner-occupant or new rental arrangements. Convenient

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Home facts

  • Year built:1873
  • Listing ID #:PALA2082336
  • Added:4 day(s) ago
  • Updated:February 23, 2026 at 06:41 AM

Rooms and interior

  • Bedrooms:4
  • Living area:2,474 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas, Radiator

Structure and exterior

  • Roof:Architectural Shingle, Rubber
  • Year built:1873
  • Building area:2,474 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$145.51
  • Tax amount:$4,595 (2025)

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