23 N Shippen Street

LANCASTER, PA 17602

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,349 Sqft
  • 3049
    Sqft(Lot)
$450,000

Description

Welcome home to this stunning historic 2-unit investment opportunity in downtown
lancaster. this spacious and well-maintained duplex is a fantastic investment or an ideal
home for you to live in one apartment and rent the second. in the heart of lancaster’s
historic district this property offers incredible income potential, with each vacant unit
projected to rent for $2,000 per month—totaling $4,000 in monthly income. it also features
separate utilities and off-street parking for two vehicles. experience the grandeur of the 3-
story front apartment as you step into the welcoming foyer. the first-floor living room,
perfect for entertaining, boasts gleaming hardwood floors and natural light, creating a
warm and inviting space. a hardwood staircase, protected by carpeted steps, leads to three
bedrooms and three full baths. the rear apartment has a private entrance on east grant
street and offers outdoor living with a private fenced-in backyard. the entrance leads to a
bright, window-lined, living room, with built-in bookshelves for a cozy library nook. this unit
features a formal dining room, updated kitchen as well as three bedrooms and 1.5 baths.
throughout both apartments, contemporary renovations enhance the home’s character,
including electrical upgrades with dimmer switches for customized lighting. each unit has
its own furnace, hot water heater, electric meter, and washer/dryer hook-up for efficiency
and independence. nestled in a vibrant, predominantly owner-occupied neighborhood, this
home is within walking distance to musser park, central and southern markets, galleries,
the fulton, many great restaurants, brew pubs, and coffee shops. this property is a rare
find with its prime location, contemporary updates and income-generating potential. it also
offers the flexibility to be easily converted back to a single-family home. don't miss the
chance to own a piece of lancaster’s rich history -- schedule your private showing today.

  • Property Type

    Multi-Family

  • County

    LANCASTER

  • Style

    Traditional

  • AD ID

    49199513

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Wall Unit,Window Unit(s)
    • Heating: Radiator
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1890
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 1890
    • Construction Material: Brick,Masonry
    • Foundation/Basement: Stone
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric,Natural Gas

  • Lot Information

    • Lot Size: 3,049
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.07
    • Architectural Style: Traditional
    • Stories Total: 3
    • Main Square Feet: 3,049

    Property Information

    • SQ ft: 3,349
    • SQ ft (Living Area): 3,349
    • Total Lot SQ ft: 3,049
    • Financing: Cash,Conventional,FHA
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.07
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 0

  • Tax Information

    • Annual Tax: $9,694
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $245,000

  • Virtual Tour

    Parking Information

    • Parking Type: Off Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA

    Homeowners Association Information

    • Direction: Use GPS

  • School Information

    • Elementary School: WICKERSHAM E.S.
    • Middle OR Junior School: LINCOLN M.S.
    • High School: MCCASKEY H.S.
    • School District: SCHOOL DISTRICT OF LANCASTER

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Electric,Natural Gas

    Location Information

    • Direction: Use GPS
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BuyOwner last updated this listing 04/05/2025 @ 09:44

  • MLS: PALA2066864
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 3,349 sqft, 3,049 sized lot, and 0 parking. are nearby neighborhoods.