257 S Ann St Lancaster, PA 17602
Stevens NeighborhoodEstimated payment $2,161/month
Highlights
- Balcony
- Oversized Parking
- Ceiling Fan
- 1 Car Detached Garage
- Luxury Vinyl Plank Tile Flooring
- Electric Baseboard Heater
About This Home
Turnkey 2-Unit Investment with all furnishings included!
Discover a rare opportunity to own this fully furnished and fully renovated duplex in Lancaster City's Southeast Neighborhood. Perfect for investors or anyone looking to live in one unit and rent the other with minimal maintenance. Both units were completely renovated in 2022, including all-new plumbing, electrical, heating, and cooling systems. Several windows and roof sections were also replaced, ensuring long-term durability and efficiency. The property is zoned as a 2-unit and includes shared laundry in the basement plus an oversized one-car garage—a rare bonus in the city. The owners of corner property next door have plans to develop the building into a community HUB, further improving the block. Unit 1 (First Floor):
A beautifully designed 1-bedroom, 1-bath apartment featuring high ceilings, modern lighting, new flooring, and stylish furnishings throughout. The kitchen boasts updated cabinetry, granite counters, stainless appliances, and open shelving. This unit has averaged $1,600–$1,700/month (utilities included) as a proven mid-term rental. Unit 2 (Upper Unit):
A spacious 1-bedroom apartment with two sleeping areas, comfortably sleeping four guests. This unit was previously rented to a long-term tenant at below-market rent, but projected furnished rental income is $2,000–$2,100/month based on comparable stays. Whether you continue as a furnished mid-term rental, transition to traditional leases, or occupy one unit while renting the other, this property delivers flexibility, strong returns, and peace of mind thanks to its recent full renovation and efficient systems. Located just minutes from Lancaster’s vibrant downtown, you'll have easy access to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!
Listing Agent
(717) 788-0102 tobiefisher.seg@gmail.com Manor West Realty License #RB065346 Listed on: 11/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,277
Year Built
- Built in 1902 | Remodeled in 2022
Lot Details
- 2,178 Sq Ft Lot
- Property is in very good condition
Parking
- 1 Car Detached Garage
- Oversized Parking
- Rear-Facing Garage
Home Design
- Duplex
- Converted Dwelling
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Asphalt Roof
- Rubber Roof
- Metal Roof
- Masonry
Interior Spaces
- Ceiling Fan
- Luxury Vinyl Plank Tile Flooring
- Basement Fills Entire Space Under The House
Outdoor Features
- Balcony
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- Assessor Parcel Number 337-23834-0-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,225 | $81,500 | $10,600 | $70,900 |
| 2024 | $3,225 | $81,500 | $10,600 | $70,900 |
| 2023 | $2,840 | $73,000 | $10,600 | $62,400 |
| 2022 | $2,722 | $73,000 | $10,600 | $62,400 |
| 2021 | $2,663 | $73,000 | $10,600 | $62,400 |
| 2020 | $2,663 | $73,000 | $10,600 | $62,400 |
| 2019 | $2,624 | $73,000 | $10,600 | $62,400 |
| 2018 | $3,056 | $73,000 | $10,600 | $62,400 |
| 2017 | $2,333 | $50,800 | $9,500 | $41,300 |
| 2016 | $2,312 | $50,800 | $9,500 | $41,300 |
| 2015 | $902 | $50,800 | $9,500 | $41,300 |
| 2014 | $2,018 | $50,800 | $9,500 | $41,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $359,900 | +323.4% | $239 / Sq Ft | |
| 07/26/2021 07/26/21 | Sold | $85,000 | 0.0% | $57 / Sq Ft | View Prior Sale |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- | |
| 07/04/2021 07/04/21 | Price Changed | $85,000 | +6.3% | $57 / Sq Ft | |
| 07/02/2021 07/02/21 | For Sale | $80,000 | +107.8% | $53 / Sq Ft | |
| 06/14/2016 06/14/16 | Sold | $38,500 | -4.9% | $26 / Sq Ft | View Prior Sale |
| 05/10/2016 05/10/16 | Pending | -- | -- | -- | |
| 04/27/2016 04/27/16 | For Sale | $40,500 | -- | $27 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | Premier Settlements | |
| Deed | $38,500 | Blackstone Settlement Svcs | |
| Sheriffs Deed | $2,503 | None Available | |
| Deed | $68,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $68,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $64,600 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: PALA2078974
APN: 337-23834-0-0000
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