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1,518 sqft

$309,900

347 N RESERVOIR STREET, LANCASTER PA, 17602

Price per sqft$204.15
Built in1947
Property size1,518 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Oct 6, 2026

Updated 19h ago

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.

$2,062/mo

Est. mortgage payment based on a $309,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PALA2096728

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$4,553
Tax Frequency
Annually
MLS provider logo

Listed by Keller Williams Elite
Listing Contact: 2232161063 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/7/2026 at 3:53 AM UTC

 

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