347 N Reservoir St, Lancaster, PA 17602

Lancaster
Local realty services provided by:ERA Martin Associates
347 N Reservoir St,Lancaster, PA 17602
$315,000
  • 2 Beds
  • - Baths
  • 1,518 sq. ft.
  • Multi-family
  • Active
Listed by: alexander glen whitt
Office: keller williams elite
MLS#:PALA2093262
Source:BRIGHTMLS

Price summary

  • Price:$315,000
  • Price per sq. ft.:$207.51

About this home

A distinctive two-unit property in the heart of Lancaster City, pairing a stabilized residential apartment with a ground-floor commercial storefront The upper level offers a 2-bedroom apartment with its own private entrance, currently leased at $1,600/month for immediate, dependable income . The ground-floor commercial space— has been home to professional office space and established salon and aesthetics business for nearly 20 years. It is now vacant and ready for its next chapter. Ideally positioned on a beautiful tree-lined corner just steps from McCaskey High School, the property enjoys strong neighborhood presence and walkability. Whether you're an investor seeking dual income streams, an owner-operator looking to live above your own business, or a buyer drawn to a property with built-in versatility, 347 N Reservoir St is a genuine opportunity in a connected, growing city neighborhood. Schedule your private showing today.

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Home facts

  • Year built:1947
  • Listing ID #:PALA2093262
  • Added:1 day(s) ago
  • Updated:August 07, 2026 at 10:21 AM

Rooms and interior

  • Bedrooms:2
  • Living area:1,518 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1947
  • Building area:1,518 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$207.51
  • Tax amount:$4,553 (2026)

Parking

  • Parking description:Parking Lot

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