Wow! This multi-family transformation is sure to knock your socks off! Fully renovated from top to bottom! This 2-unit located at 320 South Ann Street in Lancaster offers a total of 1,538 sqft. plus a full basement and nice outdoor space. Upon arrival you are greeted by a spacious covered porch leading to the entryway foyer. The first floor unit offers 1 bedroom and 1 bath and the 2nd unit spanning the 2nd and 3rd floors features 3 bedrooms and 1 bath. Each unit has been fully updated including new flooring, paint, fixtures, new custom kitchens with quartz countertops and new appliances, and new stylish bathrooms. To the rear you will enjoy the new decks, yard space, and off street parking. Situated in the School District of Lancaster, this property offers convenience and accessibility with all of the upgrades to ensure peace of mind for years to come! The projected market rents for this property are $1295-1395 and $1895-1995, providing a double-digit cap rate and after-tax 20+% cash on cash return! Wow! In addition to the generous returns, you will be saving thousands on maintenance with this renovated, turnkey gem! Whether you're thinking of your first or next investment property, or purchasing a multi-family home to "house hack" while living in one unit and renting the 2nd, this home is not to be missed! The supurb location and upgrades throughout make this a stellar find for savvy investors and homeowners!
Sold for $350,000
$350,000
320 S Ann St, Lancaster, PA 17602
4beds
2baths
1,538sqft
Townhouse
Built in 1905
-- sqft lot
$317,000 Zestimate®
$228/sqft
$1,596 Estimated rent
Home value
$317,000
$295,000 - $339,000
$1,596/mo
Zestimate® history
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$2,237/mo
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List your homeWhat's special
Yard spaceQuartz countertopsNew stylish bathroomsOff street parkingNice outdoor spaceNew custom kitchensNew decks
Zillow last checked:
Listing updated:
Listed by:
Liz Hamberger 717-577-0814,
Keller Williams Keystone Realty,
Listing Team: Liz Hamberger Team
Bought with:
Jordan Rizzo, RS374491
Keller Williams Elite
Source: Bright MLS,MLS#: PALA2075390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 500
Heating
- Forced Air, Baseboard, Natural Gas, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,038
- Total interior livable area: 1,538 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade
- Parcel number: 3370955500000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick, Masonry, Stick Built
- Foundation: Stone, Brick/Mortar
Condition
- Excellent
- New construction: No
- Year built: 1905
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Subdivision: City Of Lancaster
- Municipality: LANCASTER CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan,Private Financing Available,Seller Financing,Installment Sale
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $350,000-6.7%$228/sqft |
Source:  Bright MLS #PALA2075390 Report a problem | ||
| 10/29/2025 | Contingent | $375,000$244/sqft |
Source: Bright MLS #PALA2075390 Report a problem | ||
| 10/11/2025 | Price change | $375,000-1.3%$244/sqft |
Source: Bright MLS #PALA2075390 Report a problem | ||
| 9/18/2025 | Listed for sale | $380,000+65.2%$247/sqft |
Source: Bright MLS #PALA2075390 Report a problem | ||
| 4/16/2025 | Sold | $230,000+164.4%$150/sqft |
Source: Public Record Report a problem | ||
| 11/1/2013 | Sold | $87,000-3.2%$57/sqft |
Source: Public Record Report a problem | ||
| 8/20/2013 | Listed for sale | $89,900-18.2%$58/sqft |
Source: Shepherd Real Estate LLC #211061 Report a problem | ||
| 9/1/2012 | Listing removed | $109,900$71/sqft |
Source: Coldwell Banker Select Professionals #192941 Report a problem | ||
| 5/10/2012 | Listed for sale | $109,900+99.8%$71/sqft |
Source: Coldwell Banker Select Professionals #192941 Report a problem | ||
| 6/24/2005 | Sold | $55,000+71.9%$36/sqft |
Source: Public Record Report a problem | ||
| 5/9/2005 | Sold | $32,000+14.3%$21/sqft |
Source: Public Record Report a problem | ||
| 6/6/2002 | Sold | $28,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,083 +1.1% | $77,100 |
| 2024 | $3,051 +1.7% | $77,100 |
| 2023 | $3,000 +4.3% | $77,100 |
| 2022 | $2,875 | $77,100 |
| 2021 | $2,875 +1180.8% | $77,100 |
| 2020 | $224 -91.9% | $77,100 |
| 2019 | $2,771 +1134.6% | $77,100 |
| 2018 | $224 -88.8% | $77,100 +77.2% |
| 2017 | $1,998 +0.9% | $43,500 |
| 2016 | $1,980 +14.6% | $43,500 |
| 2015 | $1,728 | $43,500 |
| 2014 | $1,728 | $43,500 |
| 2013 | -- | $43,500 |
| 2012 | -- | $43,500 |
| 2011 | -- | $43,500 |
| 2010 | -- | $43,500 |
| 2009 | -- | $43,500 |
| 2007 | -- | $43,500 |
| 2006 | -- | $43,500 |
| 2005 | -- | $43,500 +19.5% |
| 2004 | -- | $36,400 |
| 2003 | -- | $36,400 |
| 2002 | -- | $36,400 |
| 2000 | -- | $36,400 |
Find assessor info on the county website
Neighborhood: Stevens
Nearby schools
GreatSchools rating
- 5/10George Washington El SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Jackson Middle SchoolGrades: 6-8Distance: 0.1 mi
- 5/10McCaskey CampusGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: School District Of Lancaster
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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