23 N Shippen St, Lancaster, PA 17602 | Closed

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 3,349 Sq Ft
  • 3,049 Sq Ft
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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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $450,000
Property Type Duplex (2-units)
Usable Sqft 3,349
Number of Stories 3 stories
Parking Spots 0 spots
Year Built 1890
Last Sold June 05, 2025
Sold Price 400,000
APN # 3327235400000
MLS # PALA2066864
Property ID 321416447
Lot Sqft 3,049
Zoning 114 RES: 2 FAM DWLG
Total Units 2
Date Updated June 13, 2025
Date Created April 09, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $48,000 $0

Listing Provided By

Judah Hoover an agent of . Lic #RS333488


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Data last updated: December 18, 2025.
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