Patterson-Schwartz Real Estate257 S Ann Street, Lancaster, PA 17602-4314 $359,900
Coming Soon
Interior Sq. Ft: 1,504
Acreage: 0.05
Age:123 years
Taxes: $3,276
Design/Type:
Interior Row/Townhouse
Description
Turnkey 2-Unit Investment in Lancaster City’s Southeast Neighborhood! Discover a rare opportunity to own this fully furnished and fully renovated duplex in Lancaster City with all furnishings included! 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!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Baseboard - Electric Heating, Heat Pump(s), Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Detached Garage, Garage - Rear Entry, Oversized, Private Parking, Detached Garage Spaces #: 1;
Interior
Ceiling Fan(s), Full Basement, Luxury Vinyl Plank Flooring, Dry Wall, Plaster Walls
Exterior
Stone Foundation, Asphalt Roof, Metal Roof, Rubber Roof, Brick Exterior, Masonry, Balcony, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (25 schools)
Public Middle (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Jackson Middle School | Lancaster School District | 6–8 | Lancaster | 0.17 mi |
| Lincoln Middle School | Lancaster School District | 6–8 | Lancaster | 0.92 mi |
| Reynolds Middle School | Lancaster School District | 6–8 | Lancaster | 1.4 mi |
| Wheatland Middle School | Lancaster School District | 6–8 | Lancaster | 1.8 mi |
| Gerald G Huesken Middle School | Conestoga Valley School District | 6–8 | Lancaster | 3.93 mi |
| Martin Meylin Middle School | Lampeter-Strasburg School District | 6–8 | Lampeter | 4.26 mi |
| Landis Run Intermediate School | Manheim Township School District | 5–6 | Lancaster | 4.39 mi |
| Manheim Township Middle School | Manheim Township School District | 7–8 | Lancaster | 4.81 mi |
| Manor Middle School | Penn Manor School District | 7–8 | Lancaster | 4.99 mi |
Public High (8 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Phoenix Academy | Lancaster School District | 6–12 | Lancaster | 0.26 mi |
| La Academia Partnership Charter School | La Academia Partnership Charter School | 6–12 | Lancaster | 0.35 mi |
| McCaskey Campus | Lancaster School District | 9–12 | Lancaster | 0.91 mi |
| Lancaster County CTC-Willow St Campus | Lancaster County CTC | 9–12 | Willow Street | 3.77 mi |
| Penn Manor High School | Penn Manor School District | 9–12 | Millersville | 3.82 mi |
| Conestoga Valley Senior High School | Conestoga Valley School District | 9–12 | Lancaster | 4.01 mi |
| Lampeter-Strasburg Senior High School | Lampeter-Strasburg School District | 9–12 | Lampeter | 4.36 mi |
| Manheim Township High School | Manheim Township School District | 9–12 | Lancaster | 4.67 mi |
Private (21 schools)
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This report is a detailed community overview for Lancaster (17602), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $41,498
Community Summary
- Population Density (ppl / mile): 1,934
- Household Size (ppl): 2.51
- Households w/ Children: 57%
Housing Inventory
- Owned: 10,219 (50.2%)
- Rented: 8,790 (43.2%)
- Vacant: 1,337 (6.6%)
- Total: 20,346
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 7.1%
- Some High School: 10.8%
- High School Graduate: 33.7%
- Some College: 16.5%
- Associate Degree: 6.6%
- Bachelor's Degree: 14.8%
- Graduate Degree: 10.4%
Income by dollar range
Median Income: $56,381
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $543
- One Bedroom: $819
- Two Bedroom: $1,020
- Three Bedroom: $1,067
- Four Bedroom: $1,113
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6018
Listing Courtesy of: Manor West Realty , (717) 290-8182, homes@manorwestrealty.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/01/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
