814 N SHIPPEN ST
LANCASTER, PA 17602
$469,900
Number of Units: 2
Type: Multi-Unit Residential
Listing #pala2077438
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 (717) 740-2221
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
Cross Street: Rock Street
Latitude: 40.05099
Longitude: -76.30184
MLS Area: Lancaster City (10533)
Directions: Take Lititz Pike into Lancaster City, Left on E Liberty Street, Right on N Shippen Street, home on right hand side at corner of N Shippen and Rock Street. Use GPS.
Interior: Bathroom - Tub Shower, Carpet, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Island
Has Family Room: Yes
Has Fireplace: No
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Floors: Carpet, Hardwood, Luxury Vinyl Plank
Water Heater: Electric
Appliances: Dishwasher, Dryer, Refrigerator, Washer, WaterHeater
Basement Description: Unfinished
Has Basement: Yes
Total Number of Units: 2
Accessibility: None
Style: Traditional
Is New Construction: No
Construction: Brick, Block
Foundation: Stone
Septic or Sewer: Public Sewer
Has Garage: Yes
Garage Spaces: 1
Parking Spaces: 4
Patio / Deck Description: Balcony, Brick, Deck, Patio, Porch
Lot Features: Corner
Lot Size in Acres: 0.06
Lot Size in Sq. Ft.: 2,614
Zoning: RESIDENTIAL
Condition: Very Good
Garage Description: Garage - Front Entry
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2025-10-06 00:00:00.0
Possession: Negotiable, Seller Rent Back, Settlement
Property Type: RI
Property SubType: End of Row/Townhouse
Year Built: 1900
Status: Active
Tax Year: 2025
Tax Amount: $5,563
Ownership Interest: Fee Simple
Inclusions: All appliances and EV Charging Station in the garage.
Exclusions: All of tenant's personal property
Available For Lease: No
Square Feet Source: Estimated
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at December 5, 2025, 12:50 AM ET
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