751 High St, Lancaster, PA 17603

Description

Turn-key, fully updated 2-unit property in Lancaster City offering strong income potential with up to a 9% cap rate. Perfect for house hacking—live in one unit while renting out the other to offset your mortgage. Situated on a rare double lot, this property provides valuable outdoor space for tenants to enjoy throughout the spring and summer months. Both units have been fully renovated with modern finishes, including updated kitchens, bathrooms, and new flooring throughout. This property truly feels brand new, featuring a new roof, replacement windows, new lighting, and updated outlets throughout. Major mechanical upgrades have already been completed, including new furnaces, new central AC units, and energy-efficient natural gas heat. Brand new appliances and separately metered electric add to the turnkey appeal. With strong rental demand in Lancaster City, this property offers the opportunity to achieve top market rents. Vacant and ready for immediate occupancy or tenant placement. Don’t miss this opportunity to own a fully renovated, low-maintenance, income-producing property in a prime location. Buyer is encouraged to contact Lancaster City to explore the potential for adding off-street parking on the adjacent vacant lot. Any improvements or approvals are subject to city zoning and permitting requirements. CALL TODAY FOR MORE DETAILS!