241 N Franklin Street Lancaster, PA $ 224,900
241 N Franklin Street
$ 224,900
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241 N Franklin Street

Lancaster, PA, 17602
$ 224,900
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Lancaster, PA

for $224,900 with 3 bedrooms. This home was built in 1900 on a lot size of 0.04.

*6 Mostly Tenant-Occupied Downtown Lancaster Properties Just Listed COMING SOON 5/13. Offered for sale individually or as a full investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900., 1-UNIT 243 N FRANKLIN ST. $210,000., 3-UNIT 152 E WALNUT ST. $499,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $574,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900.* With a total finished area of 1,700. sq. ft. , this property offers a solid foundation for generating rental income. The well-maintained structure features durable brick construction and a full basement, providing ample storage or potential for additional living space. Situated on a compact 0.04-acre lot, this property is designed for efficiency, making it easy to manage while maximizing returns. On-street parking adds convenience for tenants, enhancing its appeal in the rental market. Investors will appreciate the good condition of the property, allowing for immediate occupancy or rental. The traditional architectural style invites a warm, homey atmosphere, making it attractive to a wide range of potential tenants. With the right management, this property can yield significant returns, making it a smart addition to any real estate portfolio. Don't miss out on this opportunity to invest in a piece of history with modern potential! SCHEDULE YOUR SHOWING TODAY FOR 5/13+

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Multi-Family Active

Price

$ 224,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,372

Style

Traditional

Lot Size

0.04

Year Built

1900

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2086990

Features
General
Living Area 1700
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Negotiable
Zoning 114 RES 2-FAM
Architectural Style Traditional
Construction Materials Brick
School District SCHOOL DISTRICT OF LANCASTER
Year Built 1900
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Accessibility None
County LANCASTER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions PLEASE REFERENCE GPS
City LANCASTER
Number Of Units Total 2
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Number of Units Leased 2
Tax Annual Amount 2372.0
Property Condition Excellent
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 132.29
Vacation Rental Y/N N
Lease Type Gross Yearly Month to Month
Standard Status Active
Year Built Source Estimated
Total Actual Rent 24120.00
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Interior
Heating Fuel Oil
Basement Full
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 19900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Coldwell Banker Realty

Broker

kbailey@cbrealty.com

Email

Affordability Calculator

$1,582
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535657 Elementary School
3534803 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2026$224,900 Listed Price

Map


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241 N Franklin Street, Lancaster, PA, 17602 is a Multi-Family Home for sale at $224,900 with a lot size of 0.04. 241 N Franklin Street has 3 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 17602 which is in Lancaster, PA