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$246,500
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Property Description
Well maintained investment property in a fabulous city neighborhood, easy walking distance to all that downtown offers. Close to bus stops and ideal for commuters to neighboring towns. Second floor two bedroom apartment has a room that could be used as an additional bedroom by just reinstalling two doors giving the apartment two private bedrooms on the second floor and one on the third floor. Hardwood floors in great shape under carpets Many possibilities as an investment property or great starter home with an apartment that would pay most of your homes expenses.
Full Property Details
Full Property Details for 312 N Reservoir St
General
- Sold For: $246,500
- Taxes: $4,115 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2074722
- Added to Site: 158 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Driving Directions: GPS to address
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available, Cable TV
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Masonry
- Foundation: Stone
- Roof: Rubber
- Stories/Levels: 0
- Square Feet: 1,694
- Sq. Ft. Source: Assessor
- Living Area: 1,694 Sq. Ft.
- Finished Above Grnd: 1,694 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: R
Financial Considerations
- Price Per Sq. Ft.: $141.68
- Assessment Year: 2025
- School Tax: $2,555
- City/TownTax: $1,267
- City/TownTax Freq: Annually
- County Tax: $291
- County Tax Freq: Annually
- Tax w/Assessment: $100,300
- Tax Amount: $4,115
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1694
Disclosures and Reports
- Ownership: Fee Simple
Listed by Riley Real Estate, Inc., Terry Zerphey
Sold by Kingsway Realty - Lancaster, Christine Nolt
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Schools
Schools serving 312 N Reservoir St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Wickersham El School 401 North Reservoir Street, Lancaster, PA 17602 | PK-5 | 0.1 mi |
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602 | 6-8 | 0.3 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 312 N Reservoir St
Date
Details
Price
Change
Source
9/25/2025
Sold
$246,500
2.71%
MLS
8/13/2025
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
312 N Reservoir Street, Lancaster, PA 17602 (MLS# PALA2074722) is a Multi-Family property that was sold at $246,500 on September 25, 2025. Want to learn more about 312 N Reservoir Street? Do you have questions about finding other Multi-Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

