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$359,900 -$12,100 (-3.25%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 1,742 Sq. Ft.
  • Updated 4 days ago
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Turn-key investment opportunity in the heart of Lancaster City! This meticulously renovated duplex at 312 N Reservoir St offers the perfect blend of modern luxury and mechanical efficiency. Ideally suited for an owner-occupant or a savvy investor, this property features fully split gas and electric utilities, ensuring tenants are responsible for their own usage while the owner maintains only common area costs. The building boasts significant capital improvements, including a newer roof and brand-new smoke/CO alarms throughout for peace of mind. Both units have been extensively updated with luxury vinyl plank (LVP) flooring, designer light fixtures, fresh paint, and modern blinds. Unit 1: Features a stunning kitchen with new cabinetry, quartz countertops, and a modern hood. Comfort is guaranteed with brand-new electric baseboard heating in every room, each featuring individual digital controls. Includes a private basement laundry hookup and a new high-efficiency electric water heater. Unit 2: Showcases a chic kitchen with a mix of new and refinished cabinetry, luxury quartz counters, and a brand-new stainless steel gas range. The bathroom is a true retreat with a new tiled wall, tub, and vanity. Equipped with a brand-new high-efficiency gas water heater. Located just steps from the McCaskey campus and city amenities, this high-performing asset is ready for immediate occupancy. Schedule your private tour today!

Full Property Details for 312 N Reservoir St

General

  • Price: $359,900
  • Taxes: $4,115 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PALA2083880
  • Updated: 3/23/2026
  • Added to Site: 22 day(s) ago

Interior

  • Appliances: Water Heater, Washer/Dryer Hookups Only, Stainless Steel Appliances

Parking

  • Parking Type: On Street

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: LANCASTER
  • Driving Directions: From US-30: Exit at PA-23/New Holland Ave. Head West on New Holland Ave toward Lancaster City. Follow for approx. 1 mile. Turn Left onto N Reservoir St. Property will be on the Right, just past the intersection of E Lemon St.

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 Style: Traditional
  • Structure Type: Interior Row/Townhouse
  • Construction: Brick, Masonry
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Roof: Rubber
  • Square Feet: 1,742
  • Sq. Ft. Source: Estimated
  • Living Area: 1,742 Sq. Ft.
  • Finished Above Grnd: 1,742 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size Source: Assessor
  • Zoning: R

Financial Considerations

  • Price Per Sq. Ft.: $206.6
  • 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
  • Tax Total Finished Sq. Ft.: 1694

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Houwzer, LLC, Frederick A. Altieri

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Listing agent

— 312 N Reservoir St —

  • Frederick A. Altieri

    Houwzer, LLC

Listing Office Email: mike@houwzer.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 312 N Reservoir St

School District:Lancaster School District
NameGradesDistance
Wickersham El School
401 North Reservoir Street, Lancaster, PA 17602
PK-50.1 mi
Lincoln Middle School
1001 Lehigh Avenue, Lancaster, PA 17602
6-80.3 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-120.2 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 312 N Reservoir St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Price Reduced
$359,900
-3.25%
MLS
3/11/2026
Price Increased
$372,000
6.32%
MLS
3/05/2026
Listed
$349,900
41.95%
MLS
9/04/2025
Sold
$246,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 312 N Reservoir St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,011
1%
$100,300
—
2024
$3,969
6%
$100,300
—
2023
$3,740
—
$100,300
—
2022
$3,740
1%
$100,300
—
2021
$3,700
1%
$100,300
—
2020
$3,659
1%
$100,300
—
2019
$3,605
-14%
$100,300
—
2018
$4,199
44%
$100,300
58%
2017
$2,917
2%
$63,500
—
2016
$2,855
1%
$63,500
—
2015
$2,822
4%
$63,500
—
2014
$2,711
—
$63,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 312 N Reservoir St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Houwzer, LLC, Frederick A. Altieri

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312 N Reservoir Street, Lancaster, PA 17602 (MLS# PALA2083880) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 312 N Reservoir Street is currently listed for $359,900 and was received on March 05, 2026. Want to learn more about 312 N Reservoir 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.

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