320 S ANN ST Active Save Request In-Person Tour Request Virtual Tour
Lancaster,PA 17602
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,538 sqft
Price per Sqft $247
Subdivision City Of Lancaster
MLS Listing ID PALA2075390
Style Traditional
Abv Grd Liv Area 1,538
Year Built 1905
Available Date 2025-09-18
Annual Tax Amount $3,163
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
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!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air,Baseboard - Electric
Cooling Central A/C
Heat Source Natural Gas,Electric
Exterior
Exterior Feature Porch(es),Deck(s),Balcony
Water Access N
Accessibility 2+ Access Exits
Porch Porch(es),Deck(s),Balcony
Garage N
Building
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 337-09555-0-0000
Ownership Fee Simple
SqFt Source 1538
Acceptable Financing Cash,Conventional,FHA,VA,Private,Seller Financing,Installment Sale
Listing Terms Cash,Conventional,FHA,VA,Private,Seller Financing,Installment Sale
Financing Cash,Conventional,FHA,VA,Private,Seller Financing,Installment Sale
Special Listing Condition Standard