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Photo of 320 S Ann Street, Lancaster PA
320 S Ann Street
Lancaster, PA 17602
# of Units
2
1 Bdrm Units
1
3 Bdrm Units
1
Acres
0.04
Interior SqFt
2,038
Age
120
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
3,163
Additional Details Below

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

Driving Directions

From Rt 30 East take the exit toward Walnut St, turn left onto E Walnut St, then right onto N Ann St. Continue as it becomes S Ann St and arrive at 320 S Ann St, Lancaster, PA 17602.

Listing Details

Summary
Architectural Type

Traditional

Interior Features
Basement

Full, Stone, Brick/Mortar

Exterior Features
Exterior Features

Brick, Masonry, Stick Built

Utilities
Cooling

Central A/C, Electric

Heating

Forced Air, Baseboard - Electric, Natural Gas, Electric

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Residential
Lattitude : 40.034420
Longitude : -76.294334
MLS# : PALA2075390
Views : 11
Listing Courtesy: Elisabeth Hamberger of Keller Williams Keystone Realty

Notes

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Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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