352 E New St, Lancaster, PA 17602

$675,000
: 4,392
SqFt

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List Price: $675,000
Status: ACTIVE
Price Change: ▼ $20,000 1783619986
MLS#: PALA2087358
Subtype: Multi-Family
Style: Traditional
Year Built: 1900
Living Area: 4,392
Lot Size: 3,049
Acres: 0.07
Subdivision: None Available
MLS Area Major: Lancaster City (10533)

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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.

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Additional Information

Interior Features: Eat-in Kitchen, Wood Floors
Exterior Features: Fire Escape, Sidewalk, Street Lights
Taxes: $11,507
Property Description: Traditional
Zoning: MIXED USE
Flooring: Vinyl, Wood
Appliances: Electric Range, Refrigerator
Heating: Hot Water
Air Conditioning: None
Roof: Metal, Rubber
Foundation: Stone
School District: School District Of Lancaster
View: Street