Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1898
Sq.Footage
3,485
A rare opportunity to invest in Lancaster City's thriving rental market. The building features 2 one-bedroom studio apartments plus 6 private rooms with shared bath, a mix of unit types that captures both traditional annual tenants and the strong, consistent demand for flexible monthly lease housing. This building has undergone major renovations in recent years; all-new windows, a new porch roof, and roofer-inspected repairs to extend the main roof's service life. New LVP flooring and fresh paint run through most of the building, complemented by new interior and exterior lighting. Common halls and bathrooms have been fully updated, and Unit #4 received a brand-new kitchen alongside an updated bathroom, new flooring, and paint. Additional upgrades include a new basement bilco door, security cameras, and an annually maintained gas boiler. In 2026, the sewer trap at the street was replaced and the laterals lined to the main; addressing infrastructure most investors never think to check. The property is fully occupied and operates on a mix of monthly room leases and annual studio leases, professionally cleaned and managed for hands-off ownership. Solid brick construction, public water/sewer, and a location just steps from Lancaster's downtown core round out a property built to perform from day one. Available individually or together with its sister property at 25 S Ann Street for a combined offering. Don't miss the opportunity!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.08
-
Lot Size(square feet)
3,485
-
Property Type
Commercial Sale
Price
-
Sales Price
$480,000
-
Tax Amount
$6,166.59
-
Sq. Footage
3,485
-
Price/SqFt
$137
HOA
-
Association
No
School District
-
Elementary School
GEORGE WASHINGTON
-
Middle School
JACKSON
-
High School
MCCASKEY H.S.
Property Features
-
New Construction
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
GEORGE WASHINGTON
Middle School
JACKSON
High School
MCCASKEY H.S.
Listing Courtesy of Benuel Esh, Astoria Realty Advisors LLC
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Salesperson, The Wolfe Team- Team Leader
Ron & Tonya Wolfe
Call Ron & Tonya today to schedule a private showing.
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