349 E New St Lancaster, PA 17602
Ross NeighborhoodEstimated payment $2,161/month
About This Home
349 E New Street is a well-maintained, income-producing duplex offering two tenant-occupied units in a convenient location. The property has been thoughtfully cared for and provides a solid investment opportunity with established rental history. Unit 1 features a spacious 3-bedroom, 1-bath layout with gas heat and gas hot water. Electric is separately metered and, along with gas, is billed directly to the tenant. The landlord covers cold water, sewer, and trash. Kitchen appliances are included with the property and are not tenant-owned. Unit 2 offers a comfortable 2-bedroom, 1-bath layout with electric heat and electric hot water, both billed directly to the tenant along with electric service. The landlord covers cold water, sewer, and trash. Kitchen appliances are included with the property and are not tenant-owned. Laundry hookups are located in the basement and are shared between both units along with a shared backyard. With long-term tenants in place and separate utilities, this property presents an excellent opportunity for investors seeking a well-kept, low-maintenance multi-unit asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,526
Year Built
- Built in 1908
Lot Details
- 1,742 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- 2,286 Sq Ft Home
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Masonry
Utilities
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Coming Soon on 1/22/26
- Assessor Parcel Number 336-58288-0-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,330 | $134,700 | $20,800 | $113,900 |
| 2024 | $5,330 | $134,700 | $20,800 | $113,900 |
| 2023 | $5,240 | $134,700 | $20,800 | $113,900 |
| 2022 | $5,022 | $134,700 | $20,800 | $113,900 |
| 2021 | $4,914 | $134,700 | $20,800 | $113,900 |
| 2020 | $4,914 | $134,700 | $20,800 | $113,900 |
| 2019 | $4,841 | $134,700 | $20,800 | $113,900 |
| 2018 | $2,873 | $134,700 | $20,800 | $113,900 |
| 2017 | $3,895 | $84,800 | $15,800 | $69,000 |
| 2016 | $3,859 | $84,800 | $15,800 | $69,000 |
| 2015 | $1,506 | $84,800 | $15,800 | $69,000 |
| 2014 | $3,368 | $84,800 | $15,800 | $69,000 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Capstone Land Transfer | |
| Deed | $175,000 | None Available | |
| Deed | $155,000 | Abstract Assc Of Lancaster I |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,100 | New Conventional | |
| Previous Owner | $190,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $124,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: PALA2081616
APN: 336-58288-0-0000
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