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.
MLS# | PALA2066864 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending-bright |
Year | 1890 |
Days On Site | 26 |
Listing Provided By | Keller Williams of Central PA | Judah Hoover |
SQ Feet | 3,349 |
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Story(s) | 3 |
Units | 2 |
Zoning | 114 RES: 2 FAM DWLG |
Acreage | 0.07 |
Water Front | Yes |
State | PA |
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County | LANCASTER PA |
City | LANCASTER |
Zip Code | 17602 |
Area | Lancaster City (10533) |
School District | SCHOOL DISTRICT OF LANCASTER |
Elementary School | WICKERSHAM E.S. |
Middle School | LINCOLN M.S. |
High School | MCCASKEY H.S. |
Listing VS Median (in 17602) | |
Price: $450,000 low | high Med: $299,900 SqFt: 3,349 low | high Med: 2,021 $ / SqFt: $134 low | high Med: $148 On site: 26 low | high Med: 10 |