# 121 LAUREL Street, Lancaster, PA 17603

> **TL;DR:** residential multi family, $350,000 ($187/sqft), built 1900, 1,876 sqft. Est. $1,872/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Price/sqft | $187 |
| Square Feet | 1,876 |
| Year Built | 1900 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,770 |
| Estimated Insurance | $102 |
| **Total** | **$1,872** |

## Property Highlights

- Built in 1900
- 0.05 acre lot
- 2 parking spaces

## Description

### Agent Description
Exceptional mixed-use investment opportunity offering immediate income with additional upside potential. This well-maintained three-unit commercial property features a street-level commercial space, currently occupied by a single-chair salon, along with two residential apartments and two detached garages. The residential units include a spacious one-bedroom apartment currently leased for $900 per month and a vacant two- to three-bedroom apartment that was previously rented for $1,500 per month, providing an excellent opportunity for an owner-occupant or the ability to increase cash flow immediately. The commercial salon space is leased for $575 per month, creating a diversified income stream. The property has seen several important updates, including nearly all replacement windows and a Lead Safe Certification obtained through the city last year, offering added value and peace of mind. Both residential units include existing washer and dryer hookups that can easily be exposed again, providing a desirable amenity for future tenants. The owner currently pays water, sewer, trash, and common area electric. With two garages providing additional storage or rental potential, stable existing tenants, and a vacant unit ready for occupancy or lease, this property presents an excellent opportunity for investors seeking both current income and future growth.

## Location

- **Address:** 121 LAUREL Street, Lancaster, PA 17603
- **County:** LANCASTER
- **Coordinates:** 40.03186728, -76.31559581
- **Google Maps:** https://www.google.com/maps?q=40.03186728,-76.31559581

## Listing Agent

- **Name:** Matthew Joseph Koch
- **Brokerage:** Keller Williams Elite
- **Phone:** 7177888347

## Primary Photo

![121 LAUREL Street - Primary Photo](http://lh.rdcpix.com/94a98f8c0456643471140aa3effa8c7al-f4094495570r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.ai/listing/121-laurel-street-lancaster-pa-17603-a2090842)*

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**MLS#:** PALA2090842 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/121-laurel-street-lancaster-pa-17603-a2090842)

---

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