Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
2,642
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!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2642.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Parking
Oversized, Off Street, Garage, Inside Entrance, Detached
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Colonial
Price
-
Sales Price
$552,000
-
Tax Amount
$7,668
-
Zoning
Medium Density Residential
-
Sq. Footage
2, 642
-
Price/SqFt
$208
HOA
-
Association
No
School District
-
Elementary School
WHARTON
-
Middle School
JOHN F REYNOLDS
-
High School
MCCASKEY CAMPUS
Property Features
-
Foundation Details
Pillar/Post/Pier, Stone
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
WHARTON
Middle School
JOHN F REYNOLDS
High School
MCCASKEY CAMPUS
Listing Courtesy of Gilbert B Lyons Jr , RE/MAX Pinnacle
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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