320 S Ann St, Lancaster, PA 17602
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
320 S Ann St,Lancaster, PA 17602
$375,000
- 4 Beds
- - Baths
- 1,538 sq. ft.
- Multi-family
- Pending
Listed by:elisabeth p. hamberger
Office:keller williams keystone realty
MLS#:PALA2075390
Source:BRIGHTMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$243.82
About this home
Wow! This multi-family transformation is sure to knock your socks off! Fully renovated from top to bottom! This 2-unit located at 320 South Ann Street in Lancaster offers a total of 1,538 sqft. plus a full basement and nice outdoor space. Upon arrival you are greeted by a spacious covered porch leading to the entryway foyer. The first floor unit offers 1 bedroom and 1 bath and the 2nd unit spanning the 2nd and 3rd floors features 3 bedrooms and 1 bath. Each unit has been fully updated including new flooring, paint, fixtures, new custom kitchens with quartz countertops and new appliances, and new stylish bathrooms. To the rear you will enjoy the new decks, yard space, and off street parking. Situated in the School District of Lancaster, this property offers convenience and accessibility with all of the upgrades to ensure peace of mind for years to come! The projected market rents for this property are $1295-1395 and $1895-1995, providing a double-digit cap rate and after-tax 20+% cash on cash return! Wow! In addition to the generous returns, you will be saving thousands on maintenance with this renovated, turnkey gem! Whether you're thinking of your first or next investment property, or purchasing a multi-family home to "house hack" while living in one unit and renting the 2nd, this home is not to be missed! The supurb location and upgrades throughout make this a stellar find for savvy investors and homeowners!
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Home facts
- Year built:1905
- Listing ID #:PALA2075390
- Added:45 day(s) ago
- Updated:November 01, 2025 at 07:28 AM
Rooms and interior
- Bedrooms:4
- Living area:1,538 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Baseboard - Electric, Electric, Forced Air, Natural Gas
Structure and exterior
- Year built:1905
- Building area:1,538 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$243.82
- Tax amount:$3,163 (2025)
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