BETSI CAREY

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.

Features