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Coming Soon

23 N Shippen St

23 N Shippen St, Lancaster, PA 17602

$450,000
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.

4/13/2025 1:00PM - 3:00PM EDT

6
beds

3,349 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Judah Hoover

Judah Hoover

Features & Amenities

Interior

  • total bedrooms6
  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Coming Soon
  • OPEN HOUSE

    4/13/2025 1:00PM - 3:00PM EDT

  • Living Area3,349 Sq.Ft.
  • Lot Area3,049 Sq.Ft.
  • MLS® IDPALA2066864
  • TypeMulti-Family
  • YEAR BUILT1890
  • NeighborhoodLancaster
  • Architecture StylesTraditional
  • Elementary SchoolWICKERSHAM E.S.
  • Middle SchoolLINCOLN M.S.
  • High SchoolMCCASKEY H.S.
  • School DistrictSCHOOL DISTRICT OF LANCASTER

Exterior

  • STORIES3
  • water SourcePublic
  • parkingOff Street
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$450,000
  • Real Estate Tax $9,694/yr
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