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… Read More 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! Read Less
Courtesy of Elisabeth Hamberger, Keller Williams Keystone Realty [email protected]
Listing Snapshot
Days Online
52
Last Updated
Property Type
Townhouse
Square Ft.
1,538
Lot Size
0.04 Acres
Year Built
1905
MLS Number
PALA2075390
30 Days Snapshot Of 17602
$335k
+5%
(avg) sold price
30
-28%
homes sold
22
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
1,538 sqft living area, Built in 1905, Major renovation in 2025, Structure Type: Interior Row/Townhouse, 2 units in building, Traditional, Brick, Masonry, Stick Built
Cooling
Central Air, Electric, Central A/C
Accessibility Features
2+ Access Exits
Foundation
Stone, Brick/Mortar
Heating
Natural Gas, Electric, Forced Air, Baseboard - Electric
Lot
1,742 sqft, 0.04 acres
Property
Other Structures: Above Grade, Other Units: Unit 1, Unit 2, Outdoor Living Structures: Porch(es), Deck(s), Balcony, 1 one-bedroom unit, 1 three-bedroom unit
Sewer
Public Sewer
Taxes
City/Town Tax: $974, City/Town Tax Pymnt Freq: Annually, County Tax: $224, County Tax Pymnt Freq: Annually, School Tax: $1,964, Tax Annual Amount: $3,163, Tax Year: 2025
Utilities
Hot Water: Natural Gas
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