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352 E New St, Lancaster, PA, 17602

4beds
--baths
4,392sqft
$675,000
$154price/sqft
$4,758/moest. monthly cost
$190,320/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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$189$2,268
Property Taxes $675$8,100
Electricity $481$5,782
Total$4,758$57,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,131/yr
40% on housing$142,740/yr
45% on housing$126,880/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 17602$160
Lancaster County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 17602$211
Lancaster County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-10Listed for sale$695,000
2016-09-15Sold$295,000
2016-03-01Listed for sale$329,900

For Sale by Agent

AgentErvin Barkman
BrokerageKingsway Realty - Lancaster

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