$450,000
 $2,416 est/mo Sourced by Back At You

23 N Shippen St,LANCASTER, PA 17602

LANCASTER, PA 17602

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Description

Welcome home to this stunning historic 2-unit investment opportunity in downtownLancaster. This spacious and well-maintained duplex is a fantastic investment or an idealhome for you to live in one apartment and rent the second. In the heart of Lancaster’sHistoric District this property offers incredible income potential, with each vacant unitprojected to rent for $2,000 per monthtotaling $4,000 in monthly income. It also featuresseparate utilities and off-street parking for two vehicles. Experience the grandeur of the 3-story front apartment as you step into the welcoming foyer. The first-floor living room,perfect for entertaining, boasts gleaming hardwood floors and natural light, creating awarm and inviting space. A hardwood staircase, protected by carpeted steps, leads to threebedrooms and three full baths. The rear apartment has a private entrance on East GrantStreet and offers outdoor living with a private fenced-in backyard. The entrance leads to abright, window-lined, living room, with built-in bookshelves for a cozy library nook. This unitfeatures a formal dining room, updated kitchen as well as three bedrooms and 1.5 baths.Throughout both apartments, contemporary renovations enhance the home’s character,including electrical upgrades with dimmer switches for customized lighting. Each unit hasits own furnace, hot water heater, electric meter, and washer/dryer hook-up for efficiencyand independence. Nestled in a vibrant, predominantly owner-occupied neighborhood, thishome is within walking distance to Musser Park, Central and Southern Markets, galleries,the Fulton, many great restaurants, brew pubs, and coffee shops. This property is a rarefind with its prime location, contemporary updates and income-generating potential. It alsooffers the flexibility to be easily converted back to a single-family home. Don't miss thechance to own a piece of Lancaster’s rich history -- schedule your private showing today.

Details

MLS#PALA2066864
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending-bright
Year1890
Days On Site26
Listing Provided ByKeller Williams of Central PA | Judah Hoover

Features

SQ Feet3,349
Story(s)3
Units2
Zoning114 RES: 2 FAM DWLG
Acreage0.07
Water FrontYes

Market Activity 17602

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Listings Checked: 13 minutes ago
StatePA
CountyLANCASTER PA
CityLANCASTER
Zip Code17602
AreaLancaster City (10533)
School DistrictSCHOOL DISTRICT OF LANCASTER
Elementary SchoolWICKERSHAM E.S.
Middle SchoolLINCOLN M.S.
High SchoolMCCASKEY H.S.
Listing VS Median (in 17602)
Price:
$450,000
low | high
Med:
$299,900
83.355555555556% of Average
SqFt:
3,349
low | high
Med:
2,021
89.653627948641% of Average
$ / SqFt:
$134
low | high
Med:
$148
39.563461432734% of Average
On site:
26
low | high
Med:
10
100% of Average
Sourced by Back At You
Listing Updated: April 28, 2025 at 11:36:43 AM PDT