Turn-key and fully updated, this two-unit property, with upper and lower units in the heart of Lancaster City offers an exceptional opportunity for savvy investors. With a spacious 3-bedroom, 1-bath unit and a well-appointed 1-bedroom, 1-bath unit, both of which were completely renovated in 2021, this property blends modern amenities with classic charm. Thoughtful upgrades throughout include durable LVP flooring, elegant granite countertops, updated lighting and plumbing fixtures, and central A/C in both units. Efficient gas heat ensures comfort year-round, making it a hassle-free investment. The property retains the character that today’s buyers love—exposed brick, arched windows, and an abundance of natural light, while offering generous kitchen cabinet space, ample closets, and the added convenience of in-unit washers and dryers. Located just steps from the Amtrak station and within the LGH employee zone, this property is perfectly positioned for those seeking convenience. Penn Square, Central Market, and Lancaster City’s finest dining, shopping, and cultural attractions are all within walking distance, making it an ideal spot for renters. Both units are currently rented, offering immediate income from day one, making it a perfect option for investors. For owner-occupants, this property offers the chance to live in one unit while the other helps offset your mortgage and accelerate equity building. Properties like this, fully updated, income-producing, and in such a desirable location, are rare. Don’t miss your chance to own this smart, flexible investment in one of Lancaster’s most sought-after areas.
Exceptional mixed-use investment opportunity with strong income potential! This fully remodeled property features an updated residential unit and a turn-key restaurant space — perfect for an owner/user or investor. The residential component includes a 1-bedroom apartment, beautifully renovated with modern finishes, and an abundant amount of storage. This unit could be operated as a possible Airbnb or long term rental. This unit offers an open layout, updated kitchen and bath, attractive flooring, and quality fixtures throughout. The ground-floor restaurant space is fully furnished and turn-key ready, equipped with all necessary fixtures, seating, and kitchen infrastructure — ideal for an operator looking to open immediately with minimal upfront investment. Enjoy additional seasonal dining on our patio. Conveniently located in a high-traffic area with strong visibility, this property offers diverse income streams, significant upside, and flexible use potential. Don’t miss this rare chance to own a fully repositioned mixed-use asset.
Lancaster is located in Pennsylvania. Lancaster, Pennsylvania has a population of 58,034. Lancaster is less family-centric than the surrounding county with 23.35% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Lancaster, Pennsylvania is $54,145. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Lancaster is 32.3 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 42.6 inches per year, with 20 inches of snow per year.
