$380,000

320 S ANN ST, Lancaster, PA 17602

  • 1,538 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $247/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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!

Listing Status:
Active
Date Added:
September 18, 2025 at 05:00AM
Listing Office:
Keller Williams Keystone Realty : 7177555599
Listing Agent:
Elisabeth P. Hamberger : 7175770814
MLS ID:
PALA2075390
  • Basement: Full
  • A/C: Central A/C
  • Heating: Forced AirBaseboard - ElectricNatural GasElectric
  • Disability Feature: 2+ Access Exits
  • General: Above Grade
  • Style: Traditional
  • Other Structures: PorchBalconyDeck
  • General: BrickMasonryStick BuiltStoneBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: SCHOOL DISTRICT OF LANCASTER
  • County: LANCASTER-PA
  • Zoning: RESIDENTIAL337-09555-0-0000
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Elisabeth P. Hamberger, Keller Williams Keystone Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

545 S Ann St, Lancaster, PA, 17602

Grades EE-5

0.26 miles away

H

Hand Middle School

431 S Ann St, Lancaster, PA, 17602

Grades 6-8

0.13 miles away

P

Phoenix Academy

630 Rockland St, Lancaster, PA, 17602

Grades 6-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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