702 Poplar Street Lancaster, PA $ 375,000
702 Poplar Street
$ 375,000
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702 Poplar Street

Lancaster, PA, 17603
$ 375,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,368

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Multi-Family Home for sale in Lancaster, PA

for $375,000 with 5 bedrooms. This home was built in 1880 on a lot size of 0.04.

Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.

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Multi-Family Active

Price

$ 375,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 3,462

Style

Traditional

Lot Size

0.04

Year Built

1880

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2091126

Features
General
Living Area 2109
Sewer Public Sewer
Heating Hot Water
Cooling None
Utilities Cable TV Available Electric Available Natural Gas Available
Possession Settlement
Roof Composite Shingle
Appliances Refrigerator Oven/Range - Electric
Zoning R3
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Stone Stucco
School District SCHOOL DISTRICT OF LANCASTER
Year Built 1880
Electric Circuit Breakers 200+ Amp Service
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality LANCASTER CITY
Accessibility None
County LANCASTER
Net Operating Income 29824.00
Operating Expense 8516.00
New Construction N
Property Type Multi-Family
Subdivision Name CABBAGE HILL
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Hershey Ave. to east on Union St. Left on Laurel. Building is on the corner of Laurel and Poplar.
City LANCASTER
Disclosures Prop Disclosure
Number Of Units Total 3
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 1742.00
Tax Annual Amount 3462.0
Property Condition Very Good Excellent
Trash Expense 800.00
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 177.81
Acceptable Financing Conventional Cash
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Assessor
Total Actual Rent 38340.00
Cap Rate 7.95
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Flooring Carpet Ceramic Tile Engineered Wood Vinyl Wood Luxury Vinyl Plank
Hot Water Electric Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Lot Features Corner
Water Source Public
Inclusions Refrigerators in all 3 apartments.
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 12500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 702
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jerry.lehman@cbhomes.com

Email

Affordability Calculator

$2,656
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Mccaskey H.S. High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$375,000 Listed Price

Map


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702 Poplar Street, Lancaster, PA, 17603 is a Multi-Family Home for sale at $375,000 with a lot size of 0.04. 702 Poplar Street has 5 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 17603 which is in Lancaster, PA