137 E Clay St, Lancaster, PA 17602
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
137 E Clay St,Lancaster, PA 17602
$350,000
- 3 Beds
- - Baths
- 2,700 sq. ft.
- Multi-family
- Active
Listed by: jeffrey d bowman
Office: hometown property sales
MLS#:PALA2094334
Source:BRIGHTMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$129.63
About this home
This traditional twin/semi-detached brick structure offers a spacious 2,700 sq. ft. of finished living space, making it an ideal candidate for rental income or long-term appreciation. The full basement is used by the tenants in Apartment 1. It houses the washer and dryer. The 2 car detached garage accommodates two vehicles, offering convenience for tenants and additional rental opportunities. The on-street parking further increases accessibility for residents. Situated on a compact 0.06-acre lot, this property is easy to maintain while maximizing rental yield. The absence of a pool and extensive landscaping means lower upkeep costs, allowing for a more favorable return on investment. The property's traditional architecture and solid brick construction ensure durability and timeless appeal, attracting a wide range of potential tenants. With the local rental market showing consistent demand, this property stands out as a lucrative investment option. Whether you're a seasoned investor or looking to make your first move, this property offers the perfect blend of stability and potential for growth. Don't miss out on this opportunity to secure your financial future! There is a 1 bedroom unit and a 2 bedroom unit (as well as a small office/nursery). This property is in great shape. Both leases are month to month. A minimum of 24 hour notice is required for all showings. Leases and 12 month cash flow are available. Tenant occupied. Pictures are from prior to the tenants moving in.....
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Home facts
- Year built:1905
- Subdivision & Development:ROSS
- Listing ID #:PALA2094334
- Added:1 day(s) ago
- Updated:August 27, 2026 at 09:00 PM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full, Outside Entrance
- Living area:2,700 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1905
- Building area:2,700 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Stone
Schools
- High school:MCCASKEY CAMPUS
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$129.63
- Tax amount:$7,002 (2026)
Parking
- Parking description:Additional Storage Area, Detached Garage, On Street
- Garage:Yes
- Garage spaces:2
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