Description
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!
Property Type
Multi-FamilySubdivision
Chestnut HillCounty
LANCASTERStyle
ColonialAD ID
49563207
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: None
- Heating: Baseboard - Electric,Heat Pump - Electric BackUp
- Cooling Fuel: None
- Heating Fuel: Electric
Window Information
- Window Treatments: Insulated
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 3
- Built: 1900
- Construction Material: Brick,Masonry
- Security System: Smoke Detector,Main Entrance Lock
- Foundation/Basement: Pillar/Post/Pier,Stone
- Architecture: Colonial
- Pool/Private: No Pool
Exterior Features
- Utilities: Cable TV Available,Electric Available,Natural Gas Available,Phone,Sewer Available,Water Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas,Multi-tank
-
Property / Lot Details
Lot Information
- Lot Size: 2,178
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.05
- Architectural Style: Colonial
- Main Square Feet: 2,178
Property Information
- SQ ft: 2,642
- SQ ft (Living Area): 2,642
- Total Lot SQ ft: 2,178
- Subdivision: CHESTNUT HILL
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.05
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Negotiable,Settlement,Immediate,0-30 Days CD,31-60 Days CD
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,668
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable,Settlement,Immediate,0-30 Days CD,31-60 Days CD
Assessment Information
- Taxes Assessment Amount: $193,800
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 1
- Garage Type: Garage - Rear Entry,Oversized,Inside Access,Additional Storage Area
- Parking Type: Off Street,Detached Garage
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: W.James Street between N. Concord and N. Mulberry St.
-
School, Utilities & Location Details
School Information
- Elementary School: WHARTON
- Middle OR Junior School: JOHN F REYNOLDS
- High School: MCCASKEY CAMPUS
- School District: SCHOOL DISTRICT OF LANCASTER
Utility Information
- Cable TV Available,Electric Available,Natural Gas Available,Phone,Sewer Available,Water Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Electric
- Hot Water: Natural Gas,Multi-tank
Location Information
- Direction: W.James Street between N. Concord and N. Mulberry St.
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BuyOwner last updated this listing 05/03/2025 @ 00:14
- MLS: PALA2069126
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,642 sqft, 2,178 sized lot, and 1 parking. are nearby neighborhoods.