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$360,000
3 Days On Site

128 E NEW STREET
LANCASTER, PA 17602

For Sale|Multi Family|Active
4
Beds
0
Total Baths
2,474
SqFt
$146
/SqFt
1873
Built
Subdivision:
CENTER CITY LANCASTER
County:
LANCASTER
Listing courtesy of Signature Property Professionals LLC
Call Now: 717-569-8701
Is this the listing for you? We can help make it yours.
717-569-8701
128 E NEW STREET128 E NEW STREET128 E NEW STREET128 E NEW STREET
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Monthly Payment (Est.)

$1,642
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Exceptional Multi-Family Investment Opportunity in the Heart of Lancaster City! Welcome to your next investment gem! Nestled in the vibrant center of Lancaster City, this well-maintained multi-family property offers location but a lucrative opportunity for savvy investors or those looking to become owner-occupants. With two spacious 2-bedroom, 1-bath apartments and a robust rental history, this property is ready to deliver immediate cash flow and long-term value. Property Features: Two Units: Each apartment boasts two bedrooms/ 1 bathroom, providing ample space for tenants. Bonus Room: The second-floor apartment features a versatile bonus room for additional storage, or space for specific needs. Reliable Income Stream: With a gross monthly income of $3,145 from both units, this property promises a strong return on investment. The first-floor apartment is currently on a month-to-month lease, providing flexibility for an owner-occupant or new rental arrangements. Convenient Amenities: First level apartment can enjoy the convenience of on-site laundry facilities in the basement for the first-floor apartment, making laundry day a breeze. Parking & Accessibility: With four off-street parking spaces, each tenant has one space where they can appreciate the ease of access to their homes. Two additional spaces have been rented long term to a local business on a month to month basis. Recent Upgrades: The property features a new hot water heater and furnace for the first-floor apartment, ensuring peace of mind and energy efficiency for years to come. Location: Located just minutes from Lancaster General Hospital, this property is ideally situated for healthcare professionals, city workers, and anyone looking to enjoy the vibrant culture and amenities Lancaster City has to offer—from exquisite dining options to unique shops and galleries. Owner-Occupied Potential: For those looking to make this property their home, consider living in one apartment while renting out the other, generating income to offset your living expenses. It’s the perfect opportunity to invest in your future while enjoying the comforts of home. Don’t Miss Out! With a solid rental income and potential for owner occupancy, the possibilities are endless. Whether you're a first-time investor or a seasoned real estate mogul, this listing is your chance to secure a piece of Lancaster City that promises both lifestyle and investment potential. Schedule your private showing today and explore the incredible possibilities that await at this outstanding property! NOTE: Buyer to verify all information provided. Listing agent is also the property management company and would be interested in retaining management service upon the sale.

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Listing Snapshot
Price 
$360,000
Days On Site 
3 Days
Bedrooms 
4
Inside Area (SqFt) 
2,474 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1873
MLS® Number 
PALA2082336
Status 
Active
Property Tax 
$4,595
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.07
Foundation 
Brick/Mortar
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2474
SqFt Total 
2474
Style 
Dwelling with Rental
Water Source 
Public
Zoning 
RESIDENTIAL
Interior Features
Appliances 
Electric Water Heater
Basement 
Partial
Heating 
Natural GasHot WaterRadiant
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Roof 
RubberShingle
Community Features
MLS Area 
Lancaster City (10533)
School District 
SCHOOL DISTRICT OF LANCASTER
Schools
School District
SCHOOL DISTRICT OF LANCASTER
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Signature Property Professionals LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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