322 W James Street, LANCASTER, PA 17603 (MLS # PALA2069126)

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Price $525,000 Status Active Beds 5 Baths 0 Bath Home size 2,642 sqft Lot Size 2,178 sqft Days on Market 1

Turnkey 3-Unit Investment Property in Prime Location Welcome to 322 W. James Street, a beautifully renovated three-unit investment property ideally located in the heart of Lancaster City. Built in 1900 and thoughtfully updated from basement to roof, this exceptional property offers the perfect blend of historic charm and modern convenience"”making it an outstanding opportunity for investors or owner-occupants seeking rental income. This well-maintained property features two spacious 1-bedroom apartments and one 2-bedroom apartment, offering strong rental appeal and excellent tenant retention. Each unit has been upgraded with modern kitchens and baths, gleaming wood floors, and attractive finishes that retain the character of the original structure. Updated Systems & Smart Investment Design One of the most valuable features of this property is the separated electric and gas utilities"”a major convenience for both landlords and tenants. Each unit operates independently for efficiency and ease of management. The spacious basement provides ample storage space for tenants, along with a coin-operated washer and dryer, creating an added source of income and convenience. These thoughtful upgrades demonstrate a clear attention to detail and an understanding of long-term investment strategies. Added Bonus: Oversized Garage & Private Rear Yard Unlike many multi-unit city properties, 322 W. James Street includes an oversized garage"”perfect for parking, storage, or potential additional rental income. The private rear yard offers green space for tenants to enjoy and adds to the overall appeal of the property. Ideal Walkable Location Located in a highly desirable neighborhood, this property is just a short walk to Franklin & Marshall College, Lancaster General Hospital, and beloved local favorites like LUCA Restaurant, The Fridge, Mean Cup, and the Lancaster Barnstormers ballpark. The area is also home to numerous boutiques, coffee shops, galleries, and brew pubs"”making this a highly rentable location for professionals, students, and city dwellers alike. With easy access to major roads, public transportation, and vibrant downtown Lancaster, this property offers everything savvy investors look for: location, updates, income potential, and long-term growth. Don't miss this rare opportunity to own a fully renovated, income-generating 3-unit property in one of Lancaster's most sought-after neighborhoods. Whether you're building your portfolio or looking for a live-in investment, 322 W. James Street is a property you won't want to miss. Schedule your private showing today!

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Data last updated: 5/2/25 9:01 AM PDT

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