352 E New St, Lancaster, PA 17602
- $675,000
- List Price
- $675,000
- Price Change
- ▼ $20,000 1783620182
- Days on Market
- 78
- Status
- ACTIVE
- MLS#
- PALA2087384
- Lot Size (Acres)
- 0.07
- Year Built
- 1900
- County
- Lancaster
- School District
- School District Of Lancaster
Property Description
Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.
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Additional Information
- Area
- Lancaster City (10533)
- Subdivision
- None Available
- Taxes
- $11507
- Stories
- 3
- School District
- School District Of Lancaster
- Flooring
- Vinyl, Wood
- View
- Street
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- None
- Roof
- Metal, Rubber
- Utilities
- Natural Gas Available
- Water
- Public
- Sewer
- Public Septic
Mortgage Calculator
Listing courtesy of Kingsway Realty - Lancaster. Contact: (717) 569-8701