702 Poplar Street, Lancaster, PA 17603 - Photo 1

1/1

$375,000

Sold
Closed
Townhouse
2,109 Sq. Ft.
Updated 13 days ago

1/1

Property Description

Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.

Full Property Details

Full Property Details for 702 Poplar St

General

Sold For: $375,000
Taxes: $3,462 (2026)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PALA2091126
Added to Site: 58 day(s) ago

Interior

Appliances: Refrigerator, Oven/Range - Electric
Flooring: Carpet, Ceramic Tile, Engineered Wood, Vinyl, Wood, Luxury Vinyl Plank

Additional Information

Security/Safety: Smoke Detector

Parking

Parking Type: On Street

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: LANCASTER
Subdivision: CABBAGE HILL
Driving Directions: Hershey Ave. to east on Union St. Left on Laurel. Building is on the corner of Laurel and Poplar.
Location Details: Urban

School Information

School District: School District Of Lancaster
High School: McCaskey H.S.

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Electric Available, Natural Gas Available

Structural Information

Architectural Style: Traditional
Structure Type: End of Row/Townhouse
Construction: Stone, Stucco
Basement: Yes
Basement Desc.: Unfinished
Foundation: Stone
Roof: Composite, Shingle
Walls/Ceilings: Plaster Walls
Square Feet: 2,109
Sq. Ft. Source: Assessor
Living Area: 2,109 Sq. Ft.
Finished Above Grnd: 2,109 Sq. Ft.
Year Built: 1880
Year Built Source: Assessor
Property Condition: Very Good, Excellent

Unit Information

Other Units: Unit 1, Unit 2, Unit 3

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,742
Lot Size Source: Assessor
Frontage Feet: 113
Zoning: R3
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $177.81
Operating Expenses: $8,516
Assessment Year: 2026
School Tax: $2,135
City/TownTax: $1,059
City/TownTax Freq: Annually
County Tax: $268
County Tax Freq: Annually
Tax w/Assessment: $83,800
Tax Amount: $3,462
Tax Year: 2026
Terms: Standard Sale
Owner Pays: Water, Sewer, Trash Collection, Taxes - Real Estate
Tax Total Finished Sq. Ft.: 2109

Disclosures and Reports

Ownership: Fee Simple
Inclusions: Refrigerators in all 3 apartments.

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Meet the listing agent

— 702 Poplar St —

Jerry Lehman Team

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(717) 314-3622 mobile

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Schools

Schools serving 702 Poplar St

School District:Lancaster School District

Name	Grades	Distance
Lafayette El School 1000 Fremont Street, Lancaster, PA 17603	PK-5	0.3 mi
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603	6-8	0.8 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	1.7 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 702 Poplar St

Date

Details

Price

Change

Source

8/07/2026

Sold

$375,000

—

MLS

7/01/2026

Listed

$375,000

—

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

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702 Poplar Street, Lancaster, PA 17603 (MLS# PALA2091126) is a Townhouse property that was sold at $375,000 on August 07, 2026. This property was listed by Jerry Lehman Team from our Lancaster Office.Want to learn more about 702 Poplar 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.

702 Poplar St Lancaster, PA 17603