352 E New St

Lancaster, PA 17602

$695,000
Price
4
Beds
—
Baths
4,392 Sq. Ft.
$158 / Sq. Ft.
4,392
Sq. Ft.
$158
per Sq. Ft.
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Coming Soon
Coming Soon

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...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.
  1. Listed by Ervin J Barkman • Kingsway Realty - Lancaster
    P: (717)-468-4424 ervin@kingswayrealty.com

Property Details for 352 East New Street

Tax ID Number
336-64423-0-0000
Ownership
Fee Simple
Structure Type
Other
Style
Traditional
Waterfront
No
Views
Street
Garage
No
Expected On Market Date
05-10-2026
LISTING UPDATED: 05/01/2026 11:07 AM

Property Details for 352 East New Street

StatusComing Soon
MLS #PALA2087358
Days on Market-
Taxes$11,507 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.07 AC / 3,049 SF
CountyLancaster County
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Location

Listing Courtesy of Kingsway Realty - Lancaster
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Building Information for 352 East New Street

Stories-Residences4Year Built1900Building Size-Lot Size0.07 AC / 3,049 SF

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$4,459 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,500

Property Taxes

$959

HOA Dues

$0

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Property Information for 352 East New Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Lancaster City (10533)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $278,500
  • Year Assessed: 2026
  • County Tax: $891
  • Improvement Assessed Value: $238,200
  • City Town Tax: $3,520
  • Land Assessed Value: $40,300
  • Clean Green Assessed: No
  • Land Use Code: 575
  • Zoning: MIXED USE
  • School Tax: $7,096
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Sewer, Taxes - Real Estate, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Units Leased Count: 5
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Beds Total: 1
Unit 5
  • Type: Unit 5
  • Level: 1
  • Unit Type Features: Laundromat
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Features: Restaurant
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Snow Removal, Trash
  • Trash Expense: $2,064
  • Water Avg Month: $497
  • Water Prev 12 Months: $5,960
  • Electric Avg Month: $115
  • Electric Prev 12 Months: $1,381
  • Gas Avg Month: $283
  • Gas Prev 12 Months: $3,400
Financial Information
  • Gross Income: $72,360
  • Net Operating Income: $41,795
  • Income Includes: Apartment Rentals, Laundry, Other
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25x109
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Parcel ID: 4062093
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In, Wood Floors
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: None
  • Security Features: Smoke Detector, 24 hour security, Security System
  • Window Features: Replacement
Exterior Features
Exterior Features
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Outdoor Living Structures: Balconies- Multiple
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Septic
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 352 East New Street

DateEvent & SourcePriceAppreciation
Sep 15, 2016

Closed

BRIGHT #1002737805

$295,000—
Sep 12, 2016

Closed (Public Record)

Public Record #579472489

$295,000—
Jul 27, 2016

Pending

BRIGHT #1002737805

—
DateEvent & SourcePrice
09/15/2016

Closed

BRIGHT #1002737805

$295,000
09/12/2016

Closed (Public Record)

Public Record #579472489

$295,000
07/27/2016

Pending

BRIGHT #1002737805

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 352 East New Street

Taxable ValueLand$40,300Additions$238,200Total$278,500
Tax Record2026$11,507 ($959 / month)
Home Facts
Total Finished SqFt4,392 SqFtAbove Grade Finished SqFt4,392 SqFtStories1Lot Size3,049 SqFtStyleLaundryYear Built1900ZoningC1CountyLANCASTERAPN336-64423-0-0000

Schools near 352 East New Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Ross El School
Public - PK to 5
Lincoln Middle School
Public - 6 to 8
Mccaskey Campus
Public - 9 to 12
Phoenix Academy
Public - 6 to 12
Rating
School
Distance
Ross El School
PublicPK to 5

Lincoln Middle School
Public6 to 8

Mccaskey Campus
Public9 to 12

Phoenix Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 352 East New Street, Lancaster, PA 17602

352 East New Street is a multi-family home Coming Soon in Lancaster, PA 17602. This property is currently priced at $695,000. This listing's school district is Lancaster School District. Nearby schools include Ross El School, Lincoln Middle School and Mccaskey Campus. 352 East New Street is a 4-bed, 0-bath, 4,392 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kingsway Realty - Lancaster

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.