352 E New Street, Lancaster, PA 17602 - Photo 1

Save This Listing

Close

1/28

View All Photos

$675,000

For Sale
Active
Apartment

See This Home

Save This Listing

Close

1/28

Property Description

Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.

Full Property Details

Full Property Details for 352 E New St

General

Price: $675,000
Taxes: $11,507 (2026)
Status: Active
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PALA2087384
Updated: 7/9/2026
Added to Site: 110 day(s) ago

Business

Business Type: Apartment Building, Other/General Retail, Restaurant

Interior

Flooring: Vinyl, Wood

Additional Information

Security/Safety: Smoke Detector, 24 hour security, Security System

Parking

Parking Type: On Street

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: LANCASTER
Driving Directions: On the corner of E. New Street & N. Plum Street.

Heating & Cooling

Cooling Type: None
Heating Type: Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Septic
Water: Public
Utility Description: Natural Gas Available

Structural Information

Construction: Brick
Foundation: Stone
Roof: Metal, Rubber
Stories/Levels: 3
Year Built: 1900
Year Built Source: Assessor
Property Condition: Very Good, Good

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6

Lot Features

Property View: Street
Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,049
Lot Size Source: Assessor
Lot Dimensions: 25 x 109
Zoning: MIXED USE
Lot Description: Corner

Financial Considerations

Assessment Year: 2026
School Tax: $891
City/TownTax: $3,520
City/TownTax Freq: Annually
County Tax: $891
County Tax Freq: Annually
Tax w/Assessment: $278,500
Tax Amount: $11,507
Tax Year: 2026
Owner Pays: Gas, Heat, Insurance, Pest Control, Sewer, Snow Removal, Trash Collection, Water

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Restaurant operator's equipment.
Inclusions: All laundry mat equipment- 10 Huebsch Commercial Dryers, 14 Commercial Washers. Most of the restaurant equipment.

Listed by Kingsway Realty - Lancaster, Ervin J Barkman

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 352 E New St —

Ervin J Barkman

Kingsway Realty - Lancaster

Listing Office Email: lynn@kingswayrealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 352 E New St

School District:Lancaster School District

Name	Grades	Distance
Ross El School, Lancaster, PA 840 North Queen Street, Lancaster, PA 17603	PK-5	0.6 mi
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602	6-8	0.8 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 352 E New St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/09/2026

Price Reduced

$675,000

-2.88%

MLS

5/10/2026

Listed

$695,000

—

MLS

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.

Estimate the Cost

Estimate the Cost for 352 E New St

3 Laurelgate Pl, Millersville, PA 17551 - Photo 1

Just Listed

$329,900

3 Laurelgate Pl Millersville, PA 17551

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,598
Sq. Ft.

Listed by Berkshire Hathaway HomeServices Homesale Realty, Dawn Brill Cooper

118 N George St, Millersville, PA 17551 - Photo 1

Just Listed

$349,900

118 N George St Millersville, PA 17551

Single Family
Active
Updated 16 hours ago

4
Beds
2
Total Baths
3,247
Sq. Ft.

Listed by Cavalry Realty, LLC, Faruk Sisic

215 Wynwood Dr, Willow Street, PA 17584 - Photo 1

Price Reduced

-$29,500 (-4.37%)

$645,500

215 Wynwood Dr Willow Street, PA 17584

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
4,624
Sq. Ft.

Listed by CENTURY 21 Home Advisors, Dawn Patrick

2978 Shiprock Rd, Willow Street, PA 17584 - Photo 1

Just Listed

$400,000

2978 Shiprock Rd Willow Street, PA 17584

Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
2,094
Sq. Ft.

Listed by RE/MAX Pinnacle, Mike Suter

Price Reduced

-$29,500 (-4.37%)

$645,500

215 Wynwood Dr Willow Street, PA 17584

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
4,624
Sq. Ft.

Listed by CENTURY 21 Home Advisors, Dawn Patrick

2627 Valley Rd, East Petersburg, PA 17520 - Photo 1

Price Reduced

-$5,000 (-1.54%)

$319,900

2627 Valley Rd East Petersburg, PA 17520

Single Family
Active
Updated 9 hours ago

3
Beds
1
Total Bath
1,184
Sq. Ft.

Listed by Handy Cuevas (717) 517-6078

5848 Wild Lilac Dr, East Petersburg, PA 17520 - Photo 1

5848 Wild Lilac Dr East Petersburg, PA 17520

Single Family
Active
Updated 3 days ago

4
Beds
5
Total Baths
4,745
Sq. Ft.

Listed by Keller Williams Elite, Christian Will

37 W Main St, Mountville, PA 17554 - Photo 1

Price Reduced

-$25,100 (-5.91%)

$399,900

37 W Main St Mountville, PA 17554

Single Family
Active
Updated 5 days ago

5
Beds
4
Total Baths
2,992
Sq. Ft.

Listed by Berkshire Hathaway HomeServices Homesale Realty, Jesse D Hersh

352 E New Street, Lancaster, PA 17602 (MLS# PALA2087384) is a Apartment property. 352 E New Street is currently listed for $675,000 and was received on May 10, 2026. Want to learn more about 352 E New Street? Do you have questions about finding other Apartment real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

352 E New St Lancaster, PA 17602