Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS0
BATHS
SQUARE FEET4,392
MLS#PALA2087358
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSCHOOL DISTRICT OF LANCASTER
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Outside Entrance, Full, Poured Concrete
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Metal, Rubber
Taxes: $11,507
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Electric, Refrigerator
Days on Site: 9
Electric: 200+ Amp Service
Exterior: Fire Escape, Sidewalks, Street Lights
Exterior: Brick
Flooring: Vinyl, Wood
Interior: Kitchen - Eat-In, Wood Floors
Lot: Corner
Lot Dimensions: 0.07 Acre(S)
Municipality: LANCASTER CITY
One Bedroom Units: 4
Sewer: Public Septic
Special View Info: Street
Structure Type: Other
Units: 4
Utilities: Natural Gas Available
Water: Public
Windows: Replacement
Local Schools
School District: SCHOOL DISTRICT OF LANCASTER
Listed By / Shown By
Listed By
Agency Name: Kingsway Realty - Lancaster
Agency Phone: 7175698701
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 4,495.13 per month $3,333.50 Principal & Interest $958.92 Property Tax $202.71 Homeowner's Insurance
352 E New Street | MLS# PALA2087358
This multi-family property located at 352 E New Street, Lancaster, PA 17602 is currently listed for sale with an asking price of $695,000. E New Street is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on www.duffyrealestate.com today.