Patterson-Schwartz Real Estate1935 New Holland Pike, Lancaster, PA 17601-5413 $299,900
Coming Soon
Interior Sq. Ft: 1,964
Acreage: 0.2
Age:108 years
Style:
Colonial
Subdivision: Leola
Design/Type:
Detached
Description
Classic Lancaster Colonial with Income & Value-Add Potential - Welcome to this spacious 5-bedroom, 2.5-bath Colonial offering 1,964 sq. ft. of living space on a 0.2-acre lot in the heart of Lancaster County. Perfectly located just 12 minutes from downtown Lancaster and 5 minutes from the Route 30/222 interchange, this property combines convenience, character, and opportunity. - Currently rented month-to-month at $2,495 per month, the home provides immediate cash flow with flexibility to continue as a long-term rental or transition into a personal residence. Inside, you’ll find a traditional Colonial layout with ample room for living and working from home. The property includes a detached garage, off-street parking, and a yard that adds to its charm and practicality. - While the home is in average condition and ready for some updates, it offers strong upside potential through value-add improvements. With its solid structure, central location, and consistent rental history, this property is an excellent choice for both investors seeking stable returns and buyers looking to build equity in a desirable Lancaster County neighborhood.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Elem. School: Nitrauer Mid. School: Manheim Township High School: Manheim Township
Features
Utilities
Heat Pump - Gas BackUp, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Detached Garage, Driveway, Off Street, Garage - Front Entry, Detached Garage Spaces #: 2;
Interior
Poured Concrete , Unfinished Basement
Exterior
Stone Foundation, Architectural Shingle Roof, Frame Exterior, Deck(s), Outbuilding(s)
Lot
Road Frontage, Black Top Road
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 (23 schools)
Public Middle (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Landis Run Intermediate School | Manheim Township School District | 5–6 | Lancaster | 2.22 mi |
| Lincoln Middle School | Lancaster School District | 6–8 | Lancaster | 2.22 mi |
| Manheim Township Middle School | Manheim Township School District | 7–8 | Lancaster | 2.71 mi |
| Gerald G Huesken Middle School | Conestoga Valley School District | 6–8 | Lancaster | 2.81 mi |
| Jackson Middle School | Lancaster School District | 6–8 | Lancaster | 3.27 mi |
| Reynolds Middle School | Lancaster School District | 6–8 | Lancaster | 3.63 mi |
| Wheatland Middle School | Lancaster School District | 6–8 | Lancaster | 4.43 mi |
Public High (5 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| McCaskey Campus | Lancaster School District | 9–12 | Lancaster | 2.29 mi |
| Manheim Township High School | Manheim Township School District | 9–12 | Lancaster | 2.59 mi |
| La Academia Partnership Charter School | La Academia Partnership Charter School | 6–12 | Lancaster | 2.9 mi |
| Conestoga Valley Senior High School | Conestoga Valley School District | 9–12 | Lancaster | 2.95 mi |
| Phoenix Academy | Lancaster School District | 6–12 | Lancaster | 3.4 mi |
Private (27 schools)
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This report is a detailed community overview for Lancaster (17601), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $57,634
Community Summary
- Population Density (ppl / mile): 1,565
- Household Size (ppl): 2.46
- Households w/ Children: 54%
Housing Inventory
- Owned: 15,082 (69.2%)
- Rented: 5,916 (27.1%)
- Vacant: 803 (3.7%)
- Total: 21,801
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: 2.6%
- Some High School: 4.3%
- High School Graduate: 25.8%
- Some College: 13.5%
- Associate Degree: 8.8%
- Bachelor's Degree: 27.2%
- Graduate Degree: 17.7%
Income by dollar range
Median Income: $74,925
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: $870
- One Bedroom: $987
- Two Bedroom: $1,184
- Three Bedroom: $1,357
- Four Bedroom: $1,681
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-0977
Listing Courtesy of: Keller Williams Elite , (717) 553-2500, klrw1040@kw.com
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 10/09/2025.
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.
