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Sold for $552,000
  • $552,000

    322 W James St, Lancaster, PA 17603

    5beds
    --baths
    2,642sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $581,400 Zestimate®
    $209/sqft
    $1,532 Estimated rent

    Home value

    $581,400

    $547,000 - $622,000

    $1,532/mo

    Zestimate® history
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    What's special

    Turnkey 3-Unit Investment Property in Prime Location Welcome to 322 W. James Street, a beautifully renovated three-unit investment property ideally located in the heart of Lancaster City. Built in 1900 and thoughtfully updated from basement to roof, this exceptional property offers the perfect blend of historic charm and modern convenience—making it an outstanding opportunity for investors or owner-occupants seeking rental income. This well-maintained property features two spacious 1-bedroom apartments and one 2-bedroom apartment, offering strong rental appeal and excellent tenant retention. Each unit has been upgraded with modern kitchens and baths, gleaming wood floors, and attractive finishes that retain the character of the original structure. Updated Systems & Smart Investment Design One of the most valuable features of this property is the separated electric and gas utilities—a major convenience for both landlords and tenants. Each unit operates independently for efficiency and ease of management. The spacious basement provides ample storage space for tenants, along with a coin-operated washer and dryer, creating an added source of income and convenience. These thoughtful upgrades demonstrate a clear attention to detail and an understanding of long-term investment strategies. Added Bonus: Oversized Garage & Private Rear Yard Unlike many multi-unit city properties, 322 W. James Street includes an oversized garage—perfect for parking, storage, or potential additional rental income. The private rear yard offers green space for tenants to enjoy and adds to the overall appeal of the property. Ideal Walkable Location Located in a highly desirable neighborhood, this property is just a short walk to Franklin & Marshall College, Lancaster General Hospital, and beloved local favorites like LUCA Restaurant, The Fridge, Mean Cup, and the Lancaster Barnstormers ballpark. The area is also home to numerous boutiques, coffee shops, galleries, and brew pubs—making this a highly rentable location for professionals, students, and city dwellers alike. With easy access to major roads, public transportation, and vibrant downtown Lancaster, this property offers everything savvy investors look for: location, updates, income potential, and long-term growth. Don’t miss this rare opportunity to own a fully renovated, income-generating 3-unit property in one of Lancaster’s most sought-after neighborhoods. Whether you’re building your portfolio or looking for a live-in investment, 322 W. James Street is a property you won’t want to miss. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gil Lyons Jr 717-295-9995,

    RE/MAX Pinnacle

    Bought with:

    Gil Lyons Jr, RS138884A

    RE/MAX Pinnacle

    Source: Bright MLS,MLS#: PALA2069126MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Heat Pump, Electric
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Water Heater
    Features
    • Windows: Insulated Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 2,642
    • Total interior livable area: 2,642 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Rear, Oversized, Inside Entrance, Storage, Off Street, Detached
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,178 sqft
    • Features: Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3399117200000
    • Zoning: R-3
    • Zoning description: Medium Density Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick, Masonry
    • Foundation: Pillar/Post/Pier, Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone, Sewer Available, Water Available, Cable, Other Internet Service

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Main Entrance Lock
    Location
    • Region: Lancaster
    • Subdivision: Chestnut Hill
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 54180

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Laundry, Parking
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/13/2025Sold$552,000$209/sqft
    Source: Bright MLS #PALA2069126 Report a problem
    5/7/2025Pending sale$552,000+5.1%$209/sqft
    Source: Bright MLS #PALA2069126 Report a problem
    5/2/2025Listed for sale$525,000+145.6%$199/sqft
    Source: Bright MLS #PALA2069126 Report a problem
    12/15/2016Sold$213,776-2.8%$81/sqft
    Source: Public Record Report a problem
    9/27/2016Listed for sale$220,000+44.8%$83/sqft
    Source: Coldwell Banker Residential Brokerage - Lancaster #256654 Report a problem
    3/25/2009Sold$151,900-15.6%$57/sqft
    Source: Public Record Report a problem
    5/23/2008Listing removed$179,900$68/sqft
    Source: Century 21 #128788 Report a problem
    3/5/2008Listed for sale$179,900+16.1%$68/sqft
    Source: Century 21 #128788 Report a problem
    10/30/2006Sold$155,000+59.8%$59/sqft
    Source: Public Record Report a problem
    6/20/2001Sold$97,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,750 +1.1%$193,800
    2024$7,669 +1.7%$193,800
    2023$7,540 +4.3%$193,800
    2022$7,226 $193,800
    2021$7,226 +1180.8%$193,800
    2020$564 -91.9%$193,800
    2019$6,965 +1134.6%$193,800
    2018$564 -89.3%$193,800 +69%
    2017$5,268 +0.9%$114,700
    2016$5,220 +14.6%$114,700
    2015$4,556 $114,700
    2014$4,556 $114,700
    2013-- $114,700
    2012-- $114,700
    2011-- $114,700
    2010-- $114,700
    2009-- $114,700
    2007-- $114,700
    2006-- $114,700
    2005-- $114,700 +27.6%
    2004-- $89,900
    2003-- $89,900
    2002-- $89,900
    2000-- $89,900

    Find assessor info on the county website

    Neighborhood: Chestnut Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wharton
    • Middle: John F Reynolds
    • High: Mccaskey Campus
    • District: School District Of Lancaster

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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