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MLS: #PALA2093262, Listed By: Alexander Whitt, Keller Williams Elite, Source:Bright MLS

347 N Reservoir Street

LANCASTER, PA 17602
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Bed 2

Bed

Bath 0

Bath

SqFt1,518

Sqft

Acres0.05

Acre(Lot)

A distinctive two-unit property in the heart of Lancaster City, pairing a stabilized residential apartment with a ground-floor commercial storefront The upper level offers a 2-bedroom apartment with its own private entrance, currently leased at $1,600/month for immediate, dependable income . The ground-floor commercial space— has been home to professional office space and established salon and aesthetics business for nearly 20 years. It is now vacant and ready for its next chapter. Ideally positioned on a beautiful tree-lined corner just steps from McCaskey High School, the property enjoys strong neighborhood presence and walkability. Whether you're an investor seeking dual income streams, an owner-operator looking to live above your own business, or a buyer drawn to a property with built -in versatility, 347 N Reservoir St is a genuine opportunity in a connected, growing city neighborhood. Schedule your private showing today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $315,000

AD Id : 89205539

MLS Id : PALA2093262

Beds : 2

Lot Size : 0.05 Acre

Living Area Size : 1,518

Year Built : 1947

County : LANCASTER

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Feature Features

  • Bedroom Information

    Total beds: 2
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1947 Building Area Total: 1518 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.05 Lot Size Source: Estimated Lot Size Square Feet: 2178

  • Listing Price Information

    Listing Price: $315000

  • Tax Information

    Parcel Number: 336-20578-0-0000 Tax Year: 2026 Annual Tax: $4553

  • Parking Information

    Parking Lot

  • Location Information

    Direction: Use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
31 N Broad Street, Lancaster, PA, 17602 $265,000 4 -- 2,048 2,048 SqFt
15 N Lime Street, Lancaster, PA, 17602 $645,000 1 -- 2,641 2,641 SqFt
352 E New Street, Lancaster, PA, 17602 $675,000 4 -- 4,392 4,392 SqFt
361 E Ross Street, Lancaster, PA, 17602 $350,000 3 -- --
145 E Chestnut Street, Lancaster, PA, 17602 $524,900 5 -- 3,800 3,800 SqFt
152 E Walnut Street, Lancaster, PA, 17602 $449,900 3 -- 3,900 3,900 SqFt
445 N Duke Street, Lancaster, PA, 17602 $450,000 -- -- 2,904 2,904 SqFt
701 N Duke Street, Lancaster, PA, 17602 $775,000 5 -- 4,792 4,792 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 12:54

MLS: PALA2093262 LISTED BY: Alexander Whitt, Keller Williams Elite 717-553-2500 SOURCE: Bright MLS

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