USAPALancasterCenter City Lancaster128 E New St

New

$360,000

2 days ago

128 E New St, Lancaster, PA

Name: 128 E New St, For Sale in Lancaster - eXp Realty
Brand: Signature Property Professionals LLC
SKU: PALA2082336
Price: 360000 USD

0 Bed

0 Bath

2474 sqft

MLS® PALA2082336

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 2474 sqft

Garage No

HOA Fees

Taxes $4,595

Days Active 1

Approx. Age 1873

Avg. Price Per Sqft $145

MLS® Number PALA2082336

Property Address: 128 E New St, Lancaster, PA, 17602-2046

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

Description

Exceptional Multi-Family Investment Opportunity in the Heart of Lancaster City! Welcome to your next investment gem! Nestled in the vibrant center of Lancaster City, this well-maintained multi-family property offers location but a lucrative opportunity for savvy investors or those looking to become owner-occupants. With two spacious 2-bedroom, 1-bath apartments and a robust rental history, this property is ready to deliver immediate cash flow and long-term value. Property Features: Two Units: Each apartment boasts two bedrooms/ 1 bathroom, providing ample space for tenants. Bonus Room: The second-floor apartment features a versatile bonus room for additional storage, or space for specific needs. Reliable Income Stream: With a gross monthly income of $3, 145 from both units, this property promises a strong return on investment. The first-floor apartment is currently on a month-to-month lease, providing flexibility for an owner-occupant or new rental arrangements. Convenient Amenities: First level apartment can enjoy the convenience of on-site laundry facilities in the basement for the first-floor apartment, making laundry day a breeze. Parking & Accessibility: With four off-street parking spaces, each tenant has one space where they can appreciate the ease of access to their homes. Two additional spaces have been rented long term to a local business on a month to month basis. Recent Upgrades: The property features a new hot water heater and furnace for the first-floor apartment, ensuring peace of mind and energy efficiency for years to come. Location: Located just minutes from Lancaster General Hospital, this property is ideally situated for healthcare professionals, city workers, and anyone looking to enjoy the vibrant culture and amenities Lancaster City has to offer—from exquisite dining options to unique shops and galleries. Owner-Occupied Potential: For those looking to make this property their home, consider living in one apartment while renting out the other, generating income to offset your living expenses. It’s the perfect opportunity to invest in your future while enjoying the comforts of home. Don’t Miss Out! With a solid rental income and potential for owner occupancy, the possibilities are endless. Whether you're a first-time investor or a seasoned real estate mogul, this listing is your chance to secure a piece of Lancaster City that promises both lifestyle and investment potential. Schedule your private showing today and explore the incredible possibilities that await at this outstanding property! NOTE: Buyer to verify all information provided. Listing agent is also the property management company and would be interested in retaining management service upon the sale.

MLS® NumberPALA2082336

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1873

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 18, 2026List Date

$360,000List Price

Commute

Commute

Starting Address

Destination Address

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