Patterson-Schwartz Real Estate322 W James Street, Lancaster, PA 17603-2993 $525,000
Interior Sq. Ft: 2,642
Acreage: 0.05
Age:125 years
Taxes: $7,668
Subdivision: Chestnut Hill
Design/Type:
Interior Row/Townhouse
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!
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Elem. School: Wharton Mid. School: John F Reynolds High School: Mccaskey Campus
Features
Utilities
Baseboard - Electric Heating, Heat Pump - Electric BackUp, Electric, None, None, Hot Water - Multi-tank, Hot Water - Natural Gas, Public Water, Public Sewer, Circuit Breakers, Cable TV Available, Electric Available, Natural Gas Available, Utilities - Phone, Sewer Available
Garage/Parking
Detached Garage, Off Street, Additional Storage Area, Garage - Rear Entry, Inside Access, Oversized, Detached Garage Spaces #: 1;
Interior
Insulated Windows, Main Entrance Lock, Smoke Detector
Exterior
Pillar/Post/Pier Foundation, Stone Foundation, Brick Exterior, Masonry
Lot
Rear Yard
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (24 schools)
Public Middle (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Reynolds Middle School | Lancaster School District | 6–8 | Lancaster | 0.39 mi |
| Wheatland Middle School | Lancaster School District | 6–8 | Lancaster | 1.21 mi |
| Jackson Middle School | Lancaster School District | 6–8 | Lancaster | 1.34 mi |
| Lincoln Middle School | Lancaster School District | 6–8 | Lancaster | 1.45 mi |
| Landis Run Intermediate School | Manheim Township School District | 5–6 | Lancaster | 3.83 mi |
| Manheim Township Middle School | Manheim Township School District | 7–8 | Lancaster | 4.17 mi |
| Manor Middle School | Penn Manor School District | 7–8 | Lancaster | 4.28 mi |
| Centerville Middle School | Hempfield School District | 7–8 | Lancaster | 4.57 mi |
| Gerald G Huesken Middle School | Conestoga Valley School District | 6–8 | Lancaster | 4.78 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| La Academia Partnership Charter School | La Academia Partnership Charter School | 6–12 | Lancaster | 0.97 mi |
| McCaskey Campus | Lancaster School District | 9–12 | Lancaster | 1.19 mi |
| Phoenix Academy | Lancaster School District | 6–12 | Lancaster | 1.22 mi |
| Penn Manor High School | Penn Manor School District | 9–12 | Millersville | 3.61 mi |
| Manheim Township High School | Manheim Township School District | 9–12 | Lancaster | 4.03 mi |
| Lancaster County CTC-Willow St Campus | Lancaster County CTC | 9–12 | Willow Street | 4.83 mi |
| Conestoga Valley Senior High School | Conestoga Valley School District | 9–12 | Lancaster | 4.88 mi |
Private (20 schools)
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This report is a detailed community overview for Lancaster (17603), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 23
- Average salary of people in this community: $41,417
Community Summary
- Population Density (ppl / mile): 2,128
- Household Size (ppl): 2.47
- Households w/ Children: 58%
Housing Inventory
- Owned: 14,354 (53.7%)
- Rented: 10,900 (40.8%)
- Vacant: 1,453 (5.4%)
- Total: 26,707
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.0%
- Some High School: 9.7%
- High School Graduate: 32.2%
- Some College: 16.2%
- Associate Degree: 7.8%
- Bachelor's Degree: 19.2%
- Graduate Degree: 10.8%
Income by dollar range
Median Income: $55,067
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $654
- One Bedroom: $765
- Two Bedroom: $1,039
- Three Bedroom: $1,177
- Four Bedroom: $1,282
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-584-7300
Listing Courtesy of: RE/MAX Pinnacle , (717) 569-2222, remaxlancaster@comcast.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/02/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
