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322 W James Street, Lancaster, PA 17603

Beds
5
Sqft
2,642
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Pinnacle
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Overview

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!

Location

Full feature list

Basic info

Number of bedrooms
5
Square feet
2,642
Lot size (acres)
0.05
Year built
1900

Garage and parking

Garage parking spaces
1

Utilities

Heating
Electric, Baseboard, Heat pump
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$7,668

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PALA2069126 Last checked:

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