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352 E New St, Lancaster, PA, 17602

4beds
--baths
4,392sqft
$695,000
$158price/sqft
$4,884/moest. monthly cost
$195,360/yrincome needed

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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
Ross El SchoolGrades PK-50.6 mi
4/10
Lincoln Middle SchoolGrades 6-80.8 mi
5/10
Mccaskey CampusGrades 9-120.5 mi

Construction

Condition

  • Property condition: Very Good,Good
  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Metal,Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Oven/Range - Electric,Refrigerator,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4

Features

  • Eat-in Kitchen,Dry Wall
  • Window features: Replacement
  • Flooring: Vinyl,Wood

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 4,392
  • Total interior livable area: 4,392 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3366442300000
  • Zoning: MIXED USE
  • Special condition: Standard
  • Exclusions: Restaurant Operator's Equipment.

Features

  • Pool features: None
  • Exterior features: Sidewalks,Street Lights,Balcony
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 3,049 sqft
  • Features: Corner Lot
  • Lot size dimensions: 25 x 109

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes