Traditional
814 N SHIPPEN STREET
LANCASTER , PA 17602
MLS#: PALA2077438
$479,900
Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
2,592
Exceptional opportunity to own a well-maintained and updated two-family home in a prime location, perfect for investors seeking strong rental income or owner-occupants looking to offset mortgage costs. This turnkey property features a sunlit first-floor 1-bedroom unit with charming hardwood flooring, an updated kitchen with granite countertops, breakfast bar, gas stove, and in-unit laundry. Currently rented month-to-month at $1,500/month, this unit offers immediate income with potential for future rent increases. The second-floor unit boasts two spacious bedrooms plus a flexible third room ideal for a home office, guest room, or media space. It features brand-new flooring throughout, a modern kitchen with granite countertops, breakfast bar, built-in dishwasher, and private in-unit laundry—making it completely move-in ready. The seller currently lives in the second unit and projected rents for this unit is $2,200+/month. Additional highlights include three off-street parking spaces, a detached one-car garage (with an EV Charging Station) for storage or added income, and separate utilities for each unit, allowing tenants to pay their own bills. All major appliances—refrigerators, washers, dryers, and more—are included in the sale. The property’s low-maintenance exterior and well-kept interior finishes reduce upkeep while maximizing appeal for tenants and owners alike. Located just minutes from the hospital, major highways, top restaurants, shopping centers, and the train station, this property offers exceptional commuter convenience and long-term value. Whether you're looking for a high-performing investment or a comfortable home with rental income, this multi-family residence checks all the boxes.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Kitchen Island
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1859.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick, Block
-
Other Exterior Features
Balcony
-
Parking
Off Street, On Street, Garage, Detached
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$479,900
-
Tax Amount
5563.0
-
Zoning
Multi Family
-
Sq. Footage
2, 592
-
Price/SqFt
$185
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
MCCASKEY H.S.
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
Middle School
High School
MCCASKEY H.S.
Listing Courtesy of James T. Dunn III , Iron Valley Real Estate of Lancaster
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TheresaKehler
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