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347 N Reservoir Street Lancaster, PA $ 315,000
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347 N Reservoir Street
$ 315,000
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347 N Reservoir Street

Lancaster, PA, 17602
$ 315,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,989

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Multi-Family Home for sale in Lancaster, PA

for $315,000 with 2 bedrooms. This home was built in 1947 on a lot size of 0.05.

A distinctive two-unit property in the heart of Lancaster City, pairing a stabilized residential apartment with a ground-floor commercial storefront The upper level offers a 2-bedroom apartment with its own private entrance, currently leased at $1,600/month for immediate, dependable income . The ground-floor commercial space has been home to professional office space and established salon and aesthetics business for nearly 20 years. It is now vacant and ready for its next chapter. Ideally positioned on a beautiful tree-lined corner just steps from McCaskey High School, the property enjoys strong neighborhood presence and walkability. Whether you're an investor seeking dual income streams, an owner-operator looking to live above your own business, or a buyer drawn to a property with built-in versatility, 347 N Reservoir St is a genuine opportunity in a connected, growing city neighborhood. Schedule your private showing today.

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Multi-Family Active

Price

$ 315,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 4,553

Style

Traditional

Lot Size

0.05

Year Built

1947

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2093262
Features
General
Living Area 1518
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RES 2
Architectural Style Traditional
Construction Materials Brick
School District SCHOOL DISTRICT OF LANCASTER
Exclusions Tenant Belongings
Year Built 1947
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
Status ACTIVE
Directions Use GPS
City LANCASTER
Number Of Units Total 1
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 4553.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 207.51
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 347
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* Excluded Features
List By
Keller Williams Elite

Broker

alex@whitt-group.com

Email

Affordability Calculator

$2,368
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,989
Monthly Property Taxes
$379
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
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/6/2026$315,000 Listed Price

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347 N Reservoir Street, Lancaster, PA, 17602 is a Multi-Family Home for sale at $315,000 with a lot size of 0.05. 347 N Reservoir Street has 2 bedrooms, 0.0 baths, and was built in 1947. The property's zip code is 17602 which is in Lancaster, PA

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