241 N Franklin Street Lancaster, PA 17602
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Katherine "Kate" Bailey

  241 N Franklin Street Lancaster, PA 17602

Coming Soon (3 Days)
$224,900 (USD)

Description

*6 Tenant-Occupied Downtown Lancaster Properties Just Listed COMING SOON 5/13. Offered for sale individually or as a full investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900., 1-UNIT 243 N FRANKLIN ST. $210,000., 3-UNIT 152 E WALNUT ST. $499,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $574,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900.* With a total finished area of 1,700. sq. ft. , this property offers a solid foundation for generating rental income. The well-maintained structure features durable brick construction and a full basement, providing ample storage or potential for additional living space. Situated on a compact 0.04-acre lot, this property is designed for efficiency, making it easy to manage while maximizing returns. On-street parking adds convenience for tenants, enhancing its appeal in the rental market. Investors will appreciate the good condition of the property, allowing for immediate occupancy or rental. The traditional architectural style invites a warm, homey atmosphere, making it attractive to a wide range of potential tenants. With the right management, this property can yield significant returns, making it a smart addition to any real estate portfolio. Don't miss out on this opportunity to invest in a piece of history with modern potential! SCHEDULE YOUR SHOWING TODAY FOR 5/13+

MLS #:
PALA2086990
Taxes
$2,372(2026)
Lot Size
1,742 SQFT
Type
Multifamily
Year Built
1900
Style
Traditional
School District
School District of Lancaster
County
Lancaster County

Listed By

Katherine "Kate" Bailey, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Apr 29 2026 at 5:30 AM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Basement Information
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Oil
Living Area
  • 1,700 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/28/26 22:30