Investments Sales Management

Traditional

348 E NEW STREET

LANCASTER, PA 17602

MLS#: PALA2092128

$279,900

Status: Active
Listing number: PALA2092128
Listing provided by: Kingsway Realty - Lancaster
Listing agent phone: None
Last update: a day ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

1,631

Low maintenance cash flowing asset in Lancaster City's Ross northeast neighborhood. This property is fully occupied and professionally managed making it a productive asset from day 1. The owner has purchased a commercial property for his business and is selling this property to raise capital. This property has been great for the seller and is perfect for anyone wanting to purchase their first rental or add to an already existing portfolio.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1631.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,178

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $279,900

  • Tax Amount

    $4,239

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    1,631

  • Price/SqFt

    $171

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

LANCASTER

Elementary School

Middle School

High School

Listing Courtesy of Ervin J Barkman , Kingsway Realty - Lancaster

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Low maintenance cash flowing asset in Lancaster City's Ross northeast neighborhood. This property is fully occupied and professionally managed making it a productive asset from day 1. The owner has purchased a commercial property for his business and is selling this property to raise capital. This property has been great for the seller and is perfect for anyone wanting to purchase their first rental or add to an already existing portfolio.

348 E NEW STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by TNT Real Estate Solutions via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Excellent opportunity to own a well-maintained 2-unit property in Lancaster City. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex offers stable rental income and long-term potential. The property features two spacious units totaling approximately 1,997 square feet and has a strong rental history. An additional bonus is the separately rented garage, providing supplemental income. Conveniently located near downtown Lancaster, shopping, restaurants, schools, and local colleges, this property is well-positioned to attract and retain tenants. Lancaster City's strong rental market and continued growth make this an attractive opportunity for investors seeking both income and future appreciation. Schedule your showing today and see all that this property has to offer. Don't miss your chance to add this income-producing property to your portfolio! Schedule your showing today.
#PALA2088930

LANCASTER

236 N FRANKLIN STREET

4 Beds

None Baths

1,997 Sq.Ft.

$289,900

MLS#: PALA2088930

Welcome to 1710-1712 Temple Avenue, a well-maintained side-by-side duplex offering an outstanding investment or owner-occupant opportunity in Manor Township. Situated on a corner lot and backing to mature trees, this property features two thoughtfully designed one-bedroom, one-bath units, each with its own private entrance, dedicated front deck, and comfortable living space. Both units are currently tenant-occupied on month-to-month leases, providing flexibility for future owners. Each residence offers a bright and functional single-level layout featuring a spacious living area, well-appointed kitchen with range and refrigerator, comfortable, spacious bedrooms, full bath with tub/shower combinations, built-in storage spaces, and abundant natural light throughout. Insulated windows, window treatments, and practical floor plans create inviting spaces that are easy to maintain and attractive to tenants alike. Front decks provide each unit with its own outdoor retreat, perfect for relaxing and enjoying the surrounding neighborhood. The property sits on a manageable corner lot with mature trees to the rear, offering a pleasant setting while remaining conveniently close to shopping, dining, parks, schools, and major commuter routes. Exterior improvements include gutters, exterior lighting, sidewalks, and paved off-street parking with a four-car driveway, providing ample parking for residents and guests. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or add a solid income-producing property to your holdings, 1710-1712 Temple Avenue presents an exceptional opportunity in a convenient Lancaster County location. Schedule your private showing today!
#PALA2090334

LANCASTER

1710-1712 TEMPLE AVENUE

2 Beds

None Baths

1,152 Sq.Ft.

$325,000

MLS#: PALA2090334

Welcome to this charming 1900-built Colonial-style duplex located in Lancaster City. This two-unit multi-family property offers approximately 2,048 square feet of living space with a total of 4 bedrooms and 2 bathrooms across both units. Recently passing the Lancaster City lead-based paint inspection, this property provides added peace of mind and helps meet important local compliance standards. Whether you’re looking to expand your investment portfolio or begin your journey as a landlord, this property presents a great opportunity. Gross Monthly Rent: $850 (1BR) + $1,150 (3BR) = $2,000 Gross Annual Rent: $24,000 Owner Pays: Water, sewer, trash (W/S/T) — a common setup that keeps tenants happy but adds to owner expenses (estimate $200–400/month depending on usage). Gross Rent Multiplier (GRM): 11.04 ($265k / $24k) — reasonable for a stabilized older duplex in the area. Taxes: $4,996/year (2022 assessment; recent figures may be similar or slightly higher). Cap Rate Estimate (rough, before other expenses): Around 6–8% gross, depending on maintenance, insurance, vacancy, and management. Long-term tenants are a big plus for stability.
#PALA2091636

LANCASTER

31 N BROAD STREET

4 Beds

None Baths

2,048 Sq.Ft.

$265,000

MLS#: PALA2091636

Are you looking for an investment property in the city of Lancaster PA? Or maybe live in one unit and have the other unit help you pay your mortgage? Here's your opportunity to purchase this building on a corner lot. Close to all amenities. Unit 1 is a 1 BR / 1 BA on first floor with electric baseboard heat and monthly rent is $975. Unit 2 is a 6 BR / 2 BA with gas boiler/hot water heat and the monthly rent is $1750. Owner pays water/sewer/trash. Tenants pay for their heat, electric, and gas. 24-hour notice required for all showings.
#PALA2091030

LANCASTER

546 POPLAR STREET

1 Beds

None Baths

2,424 Sq.Ft.

$289,000

MLS#: PALA2091030

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by TNT Real Estate Solutions via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by TNT Real Estate Solutions via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service