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$315,000

  • For Sale
  • Active
  • Single Family
  • 1,518 Sq. Ft.
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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.

Full Property Details for 347 N Reservoir St

General

  • Price: $315,000
  • Taxes: $4,553 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PALA2093262
  • Updated: 8/6/2026
  • Added to Site: 16 day(s) ago

Parking

  • Parking Type: Parking Lot

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: LANCASTER
  • Driving Directions: Use GPS

School Information

  • School District: School District Of Lancaster

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Brick
  • Foundation: Block
  • Square Feet: 1,518
  • Sq. Ft. Source: Estimated
  • Living Area: 1,518 Sq. Ft.
  • Finished Above Grnd: 1,518 Sq. Ft.
  • Year Built: 1947
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Size Source: Estimated
  • Zoning: RES 2

Financial Considerations

  • Price Per Sq. Ft.: $207.51
  • Tax w/Assessment: $110,200
  • Tax Amount: $4,553
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenant Belongings

Listed by Keller Williams Elite, Alexander Glen Whitt

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Listing agent

— 347 N Reservoir St —

  • Alexander Glen Whitt

    Keller Williams Elite

Listing Office Email: klrw1040@kw.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 347 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 347 N Reservoir St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2026
Listed
$315,000
5%
MLS
2/10/2025
Sold
$300,000
—
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 347 N Reservoir St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,407
1%
$110,200
—
2024
$4,361
6%
$110,200
—
2023
$4,109
—
$110,200
—
2022
$4,109
1%
$110,200
—
2021
$4,066
1%
$110,200
—
2020
$4,021
2%
$110,200
—
2019
$3,960
-14%
$110,200
—
2018
$4,614
6%
$110,200
16%
2017
$4,350
2%
$94,700
—
2016
$4,258
1%
$94,700
—
2015
$4,208
4%
$94,700
—
2014
$4,043
—
$94,700
—
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.

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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 Keller Williams Elite, Alexander Glen Whitt

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347 N Reservoir Street, Lancaster, PA 17602 (MLS# PALA2093262) is a Single Family property with 0 bedrooms and 0 full bathrooms. 347 N Reservoir Street is currently listed for $315,000 and was received on August 06, 2026. Want to learn more about 347 N Reservoir Street? Do you have questions about finding other Single Family 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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