USAPALancaster121 Laurel St
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New
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$350,000

For Sale

A day ago

121 Laurel St, Lancaster, PA

House

MLS® PALA2090842

0 Bed

0 Bath

1876 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1876 sqft
Garage Yes
Taxes $4,590
Days Active 0
Lot Size 0.05 Acres
Approx. Age 1900
Avg. Price Per Sqft $186
MLS® Number PALA2090842

Property Address: 121 Laurel St, LANCASTER, PA, 17603-5529

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional mixed-use investment opportunity offering immediate income with additional upside potential. This well-maintained three-unit commercial property features a street-level commercial space, currently occupied by a single-chair salon, along with two residential apartments and two detached garages. The residential units include a spacious one-bedroom apartment currently leased for $900 per month and a vacant two- to three-bedroom apartment that was previously rented for $1, 500 per month, providing an excellent opportunity for an owner-occupant or the ability to increase cash flow immediately. The commercial salon space is leased for $575 per month, creating a diversified income stream. The property has seen several important updates, including nearly all replacement windows and a Lead Safe Certification obtained through the city last year, offering added value and peace of mind. Both residential units include existing washer and dryer hookups that can easily be exposed again, providing a desirable amenity for future tenants. The owner currently pays water, sewer, trash, and common area electric. With two garages providing additional storage or rental potential, stable existing tenants, and a vacant unit ready for occupancy or lease, this property presents an excellent opportunity for investors seeking both current income and future growth.
MLS® NumberPALA2090842
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
Basement
DrivewayDetached Garage
Garage Spaces
HeatHot Water, Radiator, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
121 Laurel St, Lancaster, PA

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