352 E NEW ST
LANCASTER, PA 17602

$695,000 (Coming Soon)

Number of Units: 4
Type: Multi-Unit Residential
Listing #pala2087358
Outstanding investment opportunity featuring a 6-unit mixed-use property with apartments, laundromat, and restaurant, located on a prominent corner in Northeast Lancaster City. This turnkey asset is a strong addition to any real estate portfolio, offering 4 apartment units, an operating laundromat with 14 commercial washers and dryers plus an ADA bathroom, and a fully equipped restaurant with stainless steel equipment. Long-standing tenants rents have lots of room for increase. $42,000 annual net income.
Listing Courtesy of: Kingsway Realty - Lancaster (717) 569-8701
Property Features
Location Information
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.0494957
Longitude: -76.29919434
MLS Area: Lancaster City (10533)
Subdivision: NONE AVAILABLE
Directions: On the corner of E. New Street & N. Plum Street.
Interior Features
Interior: Kitchen - Eat-In, Wood Floors
Has Fireplace: No
Heating: Hot Water
Heating Fuel: Natural Gas
Cooling: None, None
Floors: Vinyl, Wood
Water Heater: Natural Gas
Appliances: Oven/Range - Electric, Refrigerator
Basement Description: Outside Entrance, Full, Poured Concrete
Has Basement: Yes
Total Number of Units: 4
Accessibility: None
Exterior Features
Style: Traditional
Stories: 3
Is New Construction: No
Construction: Brick
Exterior: Fire Escape, Sidewalks, Street Lights
Foundation: Stone
Roof: Metal, Rubber
Septic or Sewer: Public Septic
Electric: 200+ Amp Service
Utilities: Natural Gas Available
Security Features: Smoke Detector, 24 hour security, SecuritySystem
Has Garage: No
Patio / Deck Description: Balconies- Multiple
Lot Features: Corner
Lot Size in Acres: 0.07
Lot Size in Sq. Ft.: 3,049
Dimensions: 25x109
Zoning: MIXED USE
Condition: Very Good, Good
Has Waterfront: No
Has Water Access: No
View Description: Street
Windows/Doors Description: Replacement
School
School District: SCHOOL DISTRICT OF LANCASTER
Additional Information
ListDate: 2026-05-01 00:00:00.0
Possession: Negotiable
Property Type: RI
Property SubType: Other
Year Built: 1900
Status: Coming Soon
Tax Year: 2025
Tax Amount: $11,507
Ownership Interest: Fee Simple
Inclusions: All laundry mat equipment. Most of the restaurant equipment.
Exclusions: Restaurant operator's equipment.
Square Feet Source: Estimated


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at May 3, 2026, 10:56 PM ET