Date
Details
Price
Change
Source
7/09/2026
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$265,000 Just Listed
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Property Description
Welcome to this charming 1900-built Colonial-style duplex located in Lancaster City. This two-unit multi-family property offers approximately 2,048 square feet of living space with a total of 4 bedrooms and 2 bathrooms across both units. Recently passing the Lancaster City lead-based paint inspection, this property provides added peace of mind and helps meet important local compliance standards. Whether you're looking to expand your investment portfolio or begin your journey as a landlord, this property presents a great opportunity. Gross Monthly Rent: $850 (1BR) + $1,150 (3BR) = $2,000 Gross Annual Rent: $24,000 Owner Pays: Water, sewer, trash (W/S/T) - a common setup that keeps tenants happy but adds to owner expenses (estimate $200-400/month depending on usage). Gross Rent Multiplier (GRM): 11.04 ($265k / $24k) - reasonable for a stabilized older duplex in the area. Taxes: $4,996/year (2022 assessment; recent figures may be similar or slightly higher). Cap Rate Estimate (rough, before other expenses): Around 6-8% gross, depending on maintenance, insurance, vacancy, and management. Long-term tenants are a big plus for stability.
Full Property Details
Full Property Details for 31 N Broad St
General
- Price: $265,000
- Taxes: $4,996 (2022)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALA2091636
- Updated: 7/9/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Kitchen - Eat-In
- Appliances: Oven/Range - Electric, Oven/Range - Gas
- Flooring: Carpet, Vinyl, Tile/Brick
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Cross Streets: Orange
- Driving Directions: Take King Street west out of downtown Lancaster. Turn left on to Broad Street. Property will be on the right
- Location Details: Middle Of Block
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Radiator
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Natural Gas Available, Electric Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Masonry
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Rear Entrance
- Foundation: Stone
- Roof: Rubber
- Walls/Ceilings: Plaster Walls
- Stories/Levels: 3
- Square Feet: 2,048
- Sq. Ft. Source: Assessor
- Living Area: 2,048 Sq. Ft.
- Finished Above Grnd: 2,048 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Property View: Park/Greenbelt, City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Frontage Feet: 20
- Street/Road Desc.: Black Top
- Zoning: RESIDENTIAL
- Lot Description: Front Yard, Level, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $129.39
- Assessment Year: 2022
- School Tax: $3,038
- City/TownTax: $1,567
- City/TownTax Freq: Annually
- County Tax: $390
- County Tax Freq: Annually
- Tax w/Assessment: $134,000
- Tax Amount: $4,996
- Tax Year: 2022
- Owner Pays: Sewer, Trash Collection, Water
- Tax Total Finished Sq. Ft.: 2048
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Inclusions: 2 Refrigerators, 2 Stoves
Listed by RE/MAX Evolved, John Zunner and RE/MAX Evolved, Eric Henry Givler
We Value Your Privacy
We Value Your Privacy
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Listing agents
— 31 N Broad St —
John Zunner
RE/MAX Evolved
Eric Henry Givler
RE/MAX Evolved
Listing Office Email: info@rmevolved.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 31 N Broad St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Burrowes School 1001 East Orange Street, Lancaster, PA 17602 | PK-5 | 0.3 mi |
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602 | 6-8 | 0.4 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31 N Broad St
Estimate the Cost
Estimate the Cost for 31 N Broad St
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31 N Broad Street, Lancaster, PA 17602 (MLS# PALA2091636) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 31 N Broad Street is currently listed for $265,000 and was received on July 09, 2026. Want to learn more about 31 N Broad Street? Do you have questions about finding other Townhouse real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.