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sales rep | Brivity IDX

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347 N Reservoir St , Lancaster, PA 17602
$305,000
Est. Payment: $1,647.66/mo
0.05 Acres
Status: pending | Days on site: 24
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108029 - 3307535
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House Description

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.

Highlights

Listed by Alexander Glen Whitt , 2232161063 Keller Williams Elite , 7175532500. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.05

Year Built

1947

County

Lancaster

Area

Lancaster City (10533)

School District

School District Of Lancaster

Listing ID

PALA2096724

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Garage Capacity:3
Zoning:RES 2
Sewer:Public Sewer
Parking Features:Parking Lot,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,648
Taxes
$379

Home Price

$305,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$61,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,647.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,647.66 $379.42 $0.00 $2,027.08
Yearly $19,771.95 $4,553.00 $0.00 $24,324.95
Total $593,158.61 $136,590.00 $0.00 $729,748.61
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Lancaster, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS