Sold for $300,000

$300,000

347 N Reservoir St, Lancaster, PA 17602

3beds

--baths

1,518sqft

Retail

Built in 1947

-- sqft lot

$321,400 Zestimate^®

$198/sqft

$1,708 Estimated rent

Home value

$321,400

$299,000 - $347,000

$1,708/mo

Zestimate^® history

Owner options

List your home for rent

$1,708/mo

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$1,708/mo

Rent Zestimate^®

Refinance and save

$1,924/mo

Est. payment

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$1,924/mo

Est. payment

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What's special

Prime opportunity this 2 unit corner property located in Lancaster city use to have a a small business downstairs , 2 bedroom apartment upstairs with its own private entrance tenant has been there 3* years month to month lease she would like to stay is possible. Beautiful tree lined street close to McCaskey High School this property has endless possibilities. Newer A/C units, Brand new gas meters installed. Book your showing today and put your thoughts and dreams into action, Was a nail salon for approximately 15-20 years last occupied by as a Aesthetician. Currently the downstairs store front is vacant.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3

Basement

Area: 759

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Built-In Range, Disposal, Oven/Range - Electric, Refrigerator, Water Heater, Gas Water Heater

Features

Built-in Features, Ceiling Fan(s), Combination Dining/Living, Flat, Floor Plan - Traditional, Kitchen - Galley, Bathroom - Tub Shower, Pantry, Dry Wall
Flooring: Carpet, Ceramic Tile, Concrete, Hardwood, Vinyl, Wood
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,277
Total interior livable area: 1,518 sqft

Property

Parking

Total spaces: 3
Parking features: Asphalt, Off Street, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Exterior features: Lighting, Sidewalks, Street Lights
Pool features: None

Lot

Size: 2,178 Square Feet
Features: Corner Lot, Level, Rear Yard

Details

Additional structures: Above Grade, Below Grade, Outbuilding
Parcel number: 3362057800000
Zoning: RESIDENTIAL
Zoning description: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Retail

Materials

Brick, Masonry
Foundation: Block
Roof: Composition

Condition

Good
New construction: No
Year built: 1947

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available, Electricity Available, Water Available, Sewer Available

Community & HOA

Community

Subdivision: Lancaster

Location

Region: Lancaster
Municipality: LANCASTER CITY

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $110,200
Annual tax amount: $4,360
Date on market: 8/27/2024
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional,Seller Financing
Inclusions: All Appliances
Ownership: Fee Simple
Total actual rent: 14400
Income includes: Parking
Road surface type: Black Top

Price history

Date	Event	Price
2/10/2025	Sold	$300,000$198/sqft
Source: Bright MLS #PALA2054224 Report a problem
1/30/2025	Pending sale	$300,000-6.3%$198/sqft
Source: Bright MLS #PALA2054224 Report a problem
1/4/2025	Contingent	$320,000$211/sqft
Source: Bright MLS #PALA2054224 Report a problem
10/4/2024	Price change	$320,000-5.9%$211/sqft
Source: Bright MLS #PALA2054224 Report a problem
9/14/2024	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
8/27/2024	Listed for sale	$340,000$224/sqft
Source: Bright MLS #PALA2054224 Report a problem
7/6/2024	Listed for rent	$1,350+12.5%$1/sqft
Source: Zillow Rentals Report a problem
5/31/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/4/2024	Price change	$1,200-11.1%$1/sqft
Source: Zillow Rentals Report a problem
4/24/2024	Listed for rent	$1,350$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,407 +1.1%	$110,200
2024	$4,361 +1.7%	$110,200
2023	$4,287 +4.3%	$110,200
2022	$4,109	$110,200
2021	$4,109 +1180.8%	$110,200
2020	$321 -91.9%	$110,200
2019	$3,960 +1134.6%	$110,200
2018	$321 -92.6%	$110,200 +16.4%
2017	$4,350 +0.9%	$94,700
2016	$4,310 +29.3%	$94,700
2015	$3,334	$94,700
2014	$3,334	$94,700
2013	--	$94,700
2012	--	$94,700
2011	--	$94,700
2010	--	$94,700
2009	--	$94,700
2007	--	$94,700
2006	--	$94,700
2005	--	$94,700 +10.6%
2004	--	$85,600
2003	--	$85,600
2002	--	$85,600
2000	--	$85,600