814 N SHIPPEN STREET

LANCASTER, PA 17602

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.

Listing courtesy of Iron Valley Real Estate of Lancaster



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