257 S Ann St, Lancaster, PA 17602
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
257 S Ann St,Lancaster, PA 17602
$359,900
- 3 Beds
- - Baths
- 1,504 sq. ft.
- Multi-family
- Active
Listed by: benuel tobias fisher
Office: manor west realty
MLS#:PALA2078974
Source:BRIGHTMLS
Price summary
- Price:$359,900
- Price per sq. ft.:$239.3
About this home
Turnkey 2-Unit Investment with all furnishings included!
Discover a rare opportunity to own this fully furnished and fully renovated duplex in Lancaster City's Southeast Neighborhood. Perfect for investors or anyone looking to live in one unit and rent the other with minimal maintenance.
Both units were completely renovated in 2022, including all-new plumbing, electrical, heating, and cooling systems. Several windows and roof sections were also replaced, ensuring long-term durability and efficiency. The property is zoned as a 2-unit and includes shared laundry in the basement plus an oversized one-car garage—a rare bonus in the city. The owners of corner property next door have plans to develop the building into a community HUB, further improving the block.
Unit 1 (First Floor):
A beautifully designed 1-bedroom, 1-bath apartment featuring high ceilings, modern lighting, new flooring, and stylish furnishings throughout. The kitchen boasts updated cabinetry, granite counters, stainless appliances, and open shelving. This unit has averaged $1,600–$1,700/month (utilities included) as a proven mid-term rental.
Unit 2 (Upper Unit):
A spacious 1-bedroom apartment with two sleeping areas, comfortably sleeping four guests. This unit was previously rented to a long-term tenant at below-market rent, but projected furnished rental income is $2,000–$2,100/month based on comparable stays.
Whether you continue as a furnished mid-term rental, transition to traditional leases, or occupy one unit while renting the other, this property delivers flexibility, strong returns, and peace of mind thanks to its recent full renovation and efficient systems.
Located just minutes from Lancaster’s vibrant downtown, you'll have easy access to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!
Contact an agent
Home facts
- Year built:1902
- Listing ID #:PALA2078974
- Added:36 day(s) ago
- Updated:December 08, 2025 at 02:35 PM
Rooms and interior
- Bedrooms:3
- Living area:1,504 sq. ft.
Heating and cooling
- Cooling:Ductless/Mini-Split
- Heating:Baseboard - Electric, Electric, Heat Pump(s)
Structure and exterior
- Roof:Asphalt, Metal, Rubber
- Year built:1902
- Building area:1,504 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$359,900
- Price per sq. ft.:$239.3
- Tax amount:$3,276 (2023)
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