814 N Shippen St, Lancaster, PA 17602
Local realty services provided by:ERA Martin Associates
Listed by: james t. dunn iii
Office: iron valley real estate of lancaster
MLS#:PALA2077438
Source:BRIGHTMLS
Price summary
- Price:$469,900
- Price per sq. ft.:$181.29
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:PALA2077438
- Added:46 day(s) ago
- Updated:November 19, 2025 at 11:11 AM
Rooms and interior
- Bedrooms:3
- Living area:2,592 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:2,592 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:MCCASKEY H.S.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$469,900
- Price per sq. ft.:$181.29
- Tax amount:$5,563 (2025)
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