352 E New St, Lancaster, PA 17602

Local realty services provided by:ERA Central Realty Group
352 E New St,Lancaster, PA 17602
$695,000
  • 4 Beds
  • - Baths
  • 4,392 sq. ft.
  • Multi-family
  • Active
Listed by: ervin j barkman
Office: kingsway realty - lancaster
MLS#:PALA2087358
Source:BRIGHTMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$158.24

About this home

Outstanding investment opportunity featuring a 6-unit mixed-use property with apartments, laundromat, and restaurant, located on a prominent corner in Northeast Lancaster City. This turnkey asset is a strong addition to any real estate portfolio, offering 4 apartment units, an operating laundromat with 14 commercial washers and dryers plus an ADA bathroom, and a fully equipped restaurant with stainless steel equipment. Long-standing tenants rents have lots of room for increase. $42,000 annual net income.

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Home facts

  • Year built:1900
  • Listing ID #:PALA2087358
  • Added:12 day(s) ago
  • Updated:May 13, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:4
  • Flooring:Vinyl, Wood
  • Kitchen Description:Kitchen - Eat-In, Oven/Range - Electric, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Outside Entrance, Poured Concrete
  • Living area:4,392 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Metal, Rubber
  • Year built:1900
  • Building area:4,392 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Corner
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Exterior Features:Balconies- Multiple, Fire Escape, Sidewalks, Street Lights
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$158.24
  • Tax amount:$11,507 (2025)

Features and amenities

  • Amenities:200+ Amp Service, 24 hour security, Natural Gas Available, Replacement Windows, Security System, Smoke Detector

Parking

  • Parking description:On Street